Gabelli Funds LLC Increases Stock Position in Liberty Global Ltd $LBTYA

Gabelli Funds LLC increased its position in Liberty Global Ltd (NASDAQ:LBTYA) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,384,595 shares of the company’s stock after purchasing an additional 41,800 shares during the quarter. Gabelli Funds LLC’s holdings in Liberty Global were worth $15,424,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in LBTYA. Quarry LP bought a new position in Liberty Global during the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC increased its holdings in shares of Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after acquiring an additional 1,238 shares during the period. Rothschild Investment LLC increased its holdings in shares of Liberty Global by 207.4% in the 3rd quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after acquiring an additional 2,012 shares during the period. Allworth Financial LP acquired a new stake in shares of Liberty Global in the 3rd quarter worth about $42,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Liberty Global in the 2nd quarter worth about $47,000. 37.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on LBTYA. Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Pivotal Research reiterated a “buy” rating and issued a $18.00 target price on shares of Liberty Global in a report on Monday, May 4th. Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Finally, UBS Group raised their price target on shares of Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a report on Tuesday, March 31st. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $16.15.

Liberty Global Trading Up 4.7%

NASDAQ:LBTYA opened at $12.05 on Tuesday. Liberty Global Ltd has a 12 month low of $9.44 and a 12 month high of $13.52. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of -0.75 and a beta of 0.90. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The company’s 50 day moving average is $12.13 and its 200-day moving average is $11.53.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Equities analysts anticipate that Liberty Global Ltd will post -1.38 EPS for the current year.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.