GABELLI & Co INVESTMENT ADVISERS INC. Has $606,000 Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

GABELLI & Co INVESTMENT ADVISERS INC. boosted its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 313.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,500 shares of the company's stock after buying an additional 36,000 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC.'s holdings in Liberty Global were worth $606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC acquired a new stake in Liberty Global during the 3rd quarter valued at approximately $445,000. Quantinno Capital Management LP bought a new stake in shares of Liberty Global in the third quarter worth $368,000. Stifel Financial Corp boosted its stake in Liberty Global by 8.2% during the 3rd quarter. Stifel Financial Corp now owns 12,717 shares of the company's stock valued at $268,000 after acquiring an additional 968 shares during the last quarter. State Street Corp grew its holdings in Liberty Global by 36.8% during the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after acquiring an additional 705,780 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Liberty Global in the 3rd quarter valued at about $1,272,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on LBTYA. Sanford C. Bernstein lowered Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $17.43.

Liberty Global Stock Performance

Liberty Global stock traded up $0.15 during mid-day trading on Friday, hitting $10.63. 1,290,998 shares of the company's stock traded hands, compared to its average volume of 2,048,482. Liberty Global Ltd. has a one year low of $9.84 and a one year high of $21.56. The firm has a 50 day moving average price of $11.20 and a 200 day moving average price of $13.66. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The company has a market cap of $3.71 billion, a PE ratio of 2.54 and a beta of 1.25.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. On average, equities analysts forecast that Liberty Global Ltd. will post -1.35 EPS for the current year.

Liberty Global 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.