Gabelli Funds LLC Has $17.16 Million Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Gabelli Funds LLC reduced its stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,344,795 shares of the company's stock after selling 30,000 shares during the period. Gabelli Funds LLC owned about 0.38% of Liberty Global worth $17,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in LBTYA. Blue Trust Inc. lifted its stake in Liberty Global by 58.1% in the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock valued at $38,000 after purchasing an additional 1,081 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Liberty Global during the 4th quarter valued at $59,000. New Age Alpha Advisors LLC bought a new stake in Liberty Global during the 4th quarter worth $73,000. VisionPoint Advisory Group LLC acquired a new position in Liberty Global in the 4th quarter worth about $123,000. Finally, Yousif Capital Management LLC bought a new position in Liberty Global in the fourth quarter valued at about $128,000. 37.20% of the stock is owned by institutional investors.

Liberty Global Trading Down 1.9 %

Shares of NASDAQ LBTYA traded down $0.20 during midday trading on Monday, reaching $10.43. The stock had a trading volume of 125,254 shares, compared to its average volume of 2,040,879. Liberty Global Ltd. has a twelve month low of $8.88 and a twelve month high of $21.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The company's 50 day moving average price is $11.20 and its 200 day moving average price is $13.61. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of 2.49 and a beta of 1.25.

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

Analyst Ratings Changes

Several analysts have recently weighed in on LBTYA shares. Deutsche Bank Aktiengesellschaft reduced their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. Sanford C. Bernstein cut shares of Liberty Global from an "outperform" rating to a "market perform" rating and decreased their price target 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 issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $17.43.

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.