ACR Alpine Capital Research LLC Takes Position in Liberty Global Ltd. (NASDAQ:LBTYA)

ACR Alpine Capital Research LLC acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 577,252 shares of the company's stock, valued at approximately $10,258,000. Liberty Global makes up about 0.3% of ACR Alpine Capital Research LLC's portfolio, making the stock its 16th biggest position. ACR Alpine Capital Research LLC owned 0.15% of Liberty Global at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LBTYA. Lancaster Investment Management bought a new position in shares of Liberty Global during the 4th quarter valued at $42,843,000. Qube Research & Technologies Ltd bought a new position in shares of Liberty Global during the 3rd quarter valued at $34,754,000. CQS US LLC lifted its holdings in shares of Liberty Global by 51.3% during the 3rd quarter. CQS US LLC now owns 3,405,950 shares of the company's stock valued at $58,310,000 after buying an additional 1,154,230 shares during the period. Schonfeld Strategic Advisors LLC lifted its holdings in shares of Liberty Global by 183.0% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 1,134,414 shares of the company's stock valued at $19,421,000 after buying an additional 733,568 shares during the period. Finally, First Wilshire Securities Management Inc. lifted its holdings in shares of Liberty Global by 247.9% during the 3rd quarter. First Wilshire Securities Management Inc. now owns 854,606 shares of the company's stock valued at $14,631,000 after buying an additional 608,964 shares during the period. 37.20% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 30,000 shares of the business's stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the transaction, the director now directly owns 159,632 shares in the company, valued at $2,769,615.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director J David Wargo sold 30,000 shares of the company's stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares in the company, valued at $2,769,615.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Jason Waldron sold 11,226 shares of the company's stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the transaction, the chief accounting officer now owns 70,666 shares in the company, valued at approximately $1,363,147.14. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 113,629 shares of company stock worth $2,046,783. 11.51% of the stock is owned by corporate insiders.

Liberty Global Stock Down 1.6 %

Shares of LBTYA stock traded down $0.27 during mid-day trading on Tuesday, hitting $16.91. The stock had a trading volume of 1,547,372 shares, compared to its average volume of 1,615,372. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.28 and a quick ratio of 1.28. The firm's 50-day moving average is $16.85 and its two-hundred day moving average is $17.20. The firm has a market capitalization of $6.38 billion, a P/E ratio of -2.61 and a beta of 1.16. Liberty Global Ltd. has a 12-month low of $15.01 and a 12-month high of $20.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last released its quarterly earnings data on Wednesday, May 1st. The company reported $1.32 earnings per share for the quarter. The firm had revenue of $1.95 billion during the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%. During the same quarter in the previous year, the firm earned ($1.59) earnings per share. On average, analysts predict that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LBTYA has been the topic of several research analyst reports. Bank of America cut Liberty Global from a "neutral" rating to an "underperform" rating in a report on Friday, February 23rd. HSBC lowered Liberty Global from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $26.00 to $20.00 in a research note on Monday, March 18th. Citigroup upgraded Liberty Global from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $20.00 to $24.00 in a research note on Friday, February 9th. Barclays reduced their price objective on Liberty Global from $22.00 to $20.00 and set an "equal weight" rating for the company in a research note on Friday. Finally, New Street Research restated a "neutral" rating on shares of Liberty Global in a research note on Wednesday, February 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Liberty Global currently has an average rating of "Hold" and an average target price of $24.25.

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.