Teacher Retirement System of Texas Acquires 155,580 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Teacher Retirement System of Texas grew its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 286.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,974 shares of the company’s stock after acquiring an additional 155,580 shares during the period. Teacher Retirement System of Texas’ holdings in Liberty Global were worth $2,679,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in LBTYA. Blue Trust Inc. lifted its holdings in Liberty Global by 58.1% in the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares in the last quarter. Spire Wealth Management bought a new stake in shares of Liberty Global during the fourth quarter valued at approximately $59,000. VisionPoint Advisory Group LLC purchased a new position in shares of Liberty Global in the fourth quarter worth $123,000. Yousif Capital Management LLC bought a new position in shares of Liberty Global during the fourth quarter worth $128,000. Finally, Clifford Capital Partners LLC purchased a new position in Liberty Global during the third quarter valued at $227,000. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Down 0.3 %

Shares of NASDAQ:LBTYA opened at $11.52 on Wednesday. The company has a 50-day moving average price of $11.50 and a 200 day moving average price of $14.94. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 12 month low of $10.55 and a 12 month high of $21.56. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 2.75 and a beta of 1.27.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. As a group, equities research analysts predict that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. This trade represents a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 11.51% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on LBTYA. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently 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.