LMR Partners LLP Acquires 50,714 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

LMR Partners LLP grew its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 23.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 266,755 shares of the company's stock after buying an additional 50,714 shares during the quarter. LMR Partners LLP owned 0.07% of Liberty Global worth $3,404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. ACR Alpine Capital Research LLC increased 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 valued at $221,730,000 after acquiring an additional 13,366,743 shares during the period. Dimensional Fund Advisors LP increased its holdings in Liberty Global by 22.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock valued at $77,482,000 after purchasing an additional 1,117,935 shares during the period. Vanguard Group Inc. raised its position in Liberty Global by 55.3% during the 4th 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 during the last quarter. Norges Bank purchased a new stake in Liberty Global in the 4th quarter worth approximately $48,381,000. Finally, Franklin Resources Inc. grew its position in shares of Liberty Global by 65.4% in the 4th quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company's stock worth $33,938,000 after buying an additional 1,051,458 shares during the last quarter. Institutional investors own 37.20% of the company's stock.

Liberty Global Price Performance

Shares of LBTYA opened at $9.23 on Tuesday. The firm's 50-day simple moving average is $10.83 and its two-hundred day simple moving average is $12.42. Liberty Global Ltd. has a fifty-two week low of $9.14 and a fifty-two week high of $21.56. The stock has a market cap of $3.19 billion, a PE ratio of 2.20 and a beta of 1.23. 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 released its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.09 billion. Analysts anticipate that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

LBTYA has been the subject of a number of recent analyst reports. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. UBS Group dropped their target price on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research report on Monday. Barclays set a $11.00 target price on shares of Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Liberty Global has an average rating of "Hold" and an average price target of $16.94.

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.

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