Gamco Investors INC. ET AL Lowers Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Gamco Investors INC. ET AL trimmed its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,527,470 shares of the company's stock after selling 89,914 shares during the period. Gamco Investors INC. ET AL owned 0.43% of Liberty Global worth $19,491,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock valued at $38,000 after acquiring an additional 1,081 shares in the last quarter. Spire Wealth Management purchased a new position in Liberty Global in the 4th quarter worth about $59,000. New Age Alpha Advisors LLC purchased a new stake in shares of Liberty Global during the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC bought a new position in Liberty Global during the fourth quarter valued at approximately $123,000. Finally, Yousif Capital Management LLC bought a new stake in Liberty Global in the 4th quarter worth approximately $128,000. Hedge funds and other institutional investors own 37.20% of the company's stock.

Liberty Global Trading Down 2.1 %

Shares of Liberty Global stock traded down $0.22 on Monday, hitting $10.41. 129,014 shares of the company traded hands, compared to its average volume of 2,003,420. Liberty Global Ltd. has a 52 week low of $9.84 and a 52 week high of $21.56. The company has a market cap of $3.63 billion, a PE ratio of 2.48 and a beta of 1.25. The stock's 50 day moving average price is $11.20 and its 200-day moving average price is $13.61. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on LBTYA shares. Deutsche Bank Aktiengesellschaft dropped their target price on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Sanford C. Bernstein lowered shares of Liberty Global from an "outperform" rating to a "market perform" rating and cut their target price for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $17.43.

About Liberty Global

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.