Lancaster Investment Management Takes Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Lancaster Investment Management acquired a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,411,000 shares of the company's stock, valued at approximately $42,843,000. Liberty Global makes up 21.6% of Lancaster Investment Management's portfolio, making the stock its 2nd largest position. Lancaster Investment Management owned about 0.61% of Liberty Global at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of LBTYA. Hi Line Capital Management LLC raised its stake in shares of Liberty Global by 23.6% during the 3rd quarter. Hi Line Capital Management LLC now owns 1,202,445 shares of the company's stock worth $20,586,000 after purchasing an additional 229,400 shares in the last quarter. CQS US LLC raised its stake in shares of Liberty Global by 51.3% in the 3rd quarter. CQS US LLC now owns 3,405,950 shares of the company's stock valued at $58,310,000 after acquiring an additional 1,154,230 shares in the last quarter. Graham Capital Management L.P. bought a new position in shares of Liberty Global in the 3rd quarter valued at approximately $673,000. Anchor Investment Management LLC bought a new position in shares of Liberty Global in the 4th quarter valued at approximately $141,000. Finally, Handelsbanken Fonder AB raised its stake in shares of Liberty Global by 100.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 132,336 shares of the company's stock valued at $2,266,000 after acquiring an additional 66,168 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LBTYA has been the topic of a number of research analyst reports. TheStreet raised Liberty Global from a "d+" rating to a "c-" rating in a report on Thursday, January 25th. New Street Research reaffirmed a "neutral" rating on shares of Liberty Global in a report on Wednesday, February 28th. HSBC lowered Liberty Global from a "buy" rating to a "hold" rating and lowered their target price for the company from $26.00 to $20.00 in a report on Monday, March 18th. Bank of America lowered Liberty Global from a "neutral" rating to an "underperform" rating in a report on Friday, February 23rd. Finally, Citigroup raised Liberty Global from a "neutral" rating to a "buy" rating and raised their target price for the company from $20.00 to $24.00 in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $26.36.

Liberty Global Price Performance

LBTYA traded up $0.33 during trading on Tuesday, hitting $17.39. The company's stock had a trading volume of 1,363,198 shares, compared to its average volume of 1,535,226. The firm's 50 day moving average price is $17.74 and its two-hundred day moving average price is $17.19. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. Liberty Global Ltd. has a 12 month low of $15.01 and a 12 month high of $20.56. The stock has a market capitalization of $6.57 billion, a price-to-earnings ratio of -1.85 and a beta of 1.18.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($7.88). Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. Sell-side analysts forecast that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Liberty Global news, EVP Andrea Salvato sold 32,403 shares of the firm's stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the sale, the executive vice president now owns 102,286 shares of the company's stock, valued at approximately $1,810,462.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, EVP Andrea Salvato sold 32,403 shares of the stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the transaction, the executive vice president now directly owns 102,286 shares in the company, valued at approximately $1,810,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul A. Gould sold 50,000 shares of the stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $19.79, for a total value of $989,500.00. Following the completion of the transaction, the director now owns 949,059 shares of the company's stock, valued at $18,781,877.61. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 133,629 shares of company stock worth $2,515,783. Corporate insiders own 9.45% of the company's stock.

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.