62,000 Shares in Liberty Global Ltd. (NASDAQ:LBTYA) Bought by Wexford Capital LP

Wexford Capital LP bought a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 62,000 shares of the company's stock, valued at approximately $791,000.

A number of other hedge funds have also modified their holdings of the stock. ACR Alpine Capital Research LLC boosted its position in shares of Liberty Global by 333.3% in the fourth quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock worth $221,730,000 after buying an additional 13,366,743 shares during the period. Norges Bank acquired a new stake in shares of Liberty Global in the fourth quarter worth $48,381,000. Wolf Hill Capital Management LP acquired a new stake in shares of Liberty Global in the fourth quarter worth $27,413,000. Contour Asset Management LLC purchased a new position in Liberty Global in the fourth quarter valued at about $25,730,000. Finally, Vanguard Group Inc. grew its stake in Liberty Global by 55.3% in the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock valued at $66,865,000 after purchasing an additional 1,866,197 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Barclays set a $11.00 price target on Liberty Global and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft reduced their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. Finally, UBS Group cut their price objective on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research report on Monday, May 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $16.94.

Liberty Global Price Performance

Shares of LBTYA stock traded down $0.05 during trading hours on Friday, hitting $9.59. The company had a trading volume of 2,259,707 shares, compared to its average volume of 2,102,490. Liberty Global Ltd. has a 12 month low of $9.03 and a 12 month high of $21.56. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 2.29 and a beta of 1.23. The firm's fifty day moving average is $10.50 and its 200 day moving average is $11.87. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.09 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, sell-side analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.