Segantii Capital Management Ltd Purchases 600,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Segantii Capital Management Ltd grew its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 392.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 752,772 shares of the company's stock after purchasing an additional 600,000 shares during the period. Segantii Capital Management Ltd owned approximately 0.19% of Liberty Global worth $13,377,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. ACR Alpine Capital Research LLC acquired a new position in Liberty Global during the fourth quarter worth $10,258,000. Wilbanks Smith & Thomas Asset Management LLC acquired a new position in shares of Liberty Global during the 4th quarter worth $302,000. Russell Investments Group Ltd. boosted its position in shares of Liberty Global by 144.5% in the 4th quarter. Russell Investments Group Ltd. now owns 114,823 shares of the company's stock worth $2,028,000 after buying an additional 67,863 shares in the last quarter. Simplex Trading LLC grew its stake in Liberty Global by 56.6% in the 4th quarter. Simplex Trading LLC now owns 85,200 shares of the company's stock valued at $1,514,000 after acquiring an additional 30,782 shares during the last quarter. Finally, Bfsg LLC purchased a new position in Liberty Global during the 4th quarter valued at about $106,000. 37.20% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Liberty Global

In other news, Director J David Wargo sold 30,000 shares of the firm's stock in a transaction on Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the completion of the sale, the director now directly owns 159,632 shares of the company's stock, valued at approximately $2,769,615.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Liberty Global news, EVP Andrea Salvato sold 32,403 shares of the business's stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the sale, the executive vice president now directly 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 through the SEC website. Also, Director J David Wargo sold 30,000 shares of the firm's stock in a transaction on Monday, April 15th. The stock was sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the sale, the director now directly owns 159,632 shares of the company's stock, valued at approximately $2,769,615.20. The disclosure for this sale can be found here. Insiders sold a total of 113,629 shares of company stock valued at $2,046,783 over the last ninety days. Insiders own 11.51% of the company's stock.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA traded up $0.29 during midday trading on Thursday, reaching $16.76. 1,064,276 shares of the company traded hands, compared to its average volume of 1,606,522. The stock has a 50-day moving average price of $16.82 and a 200 day moving average price of $17.19. The company has a market cap of $6.33 billion, a price-to-earnings ratio of -2.59 and a beta of 1.16. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.28 and a quick ratio of 1.28. Liberty Global Ltd. has a 52 week low of $15.01 and a 52 week high of $20.56.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on LBTYA shares. New Street Research reissued a "neutral" rating on shares of Liberty Global in a report on Wednesday, February 28th. Barclays reduced their target price on shares of Liberty Global from $22.00 to $20.00 and set an "equal weight" rating on the stock in a report on Friday, May 3rd. Bank of America downgraded shares of Liberty Global from a "neutral" rating to an "underperform" rating in a report on Friday, February 23rd. HSBC downgraded shares of Liberty Global from a "buy" rating to a "hold" rating and reduced their price objective for the company from $26.00 to $20.00 in a research note on Monday, March 18th. Finally, UBS Group cut their price target on Liberty Global from $23.00 to $22.50 and set a "buy" rating for the company in a report on Monday, February 26th. One 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 company's stock. According to MarketBeat.com, the company 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.