Liberty Global Ltd. (NASDAQ:LBTYA) Shares Acquired by GABELLI & Co INVESTMENT ADVISERS INC.

GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 313.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,500 shares of the company’s stock after purchasing an additional 36,000 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC.’s holdings in Liberty Global were worth $606,000 as of its most recent filing with the SEC.

Other institutional investors have also bought and sold shares of the company. Blue Trust Inc. increased its stake in shares of Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after acquiring an additional 1,081 shares during the period. Spire Wealth Management bought a new stake in shares of Liberty Global in the 4th quarter worth $59,000. New Age Alpha Advisors LLC bought a new position in Liberty Global during the fourth quarter valued at about $73,000. VisionPoint Advisory Group LLC acquired a new position in Liberty Global during the fourth quarter worth about $123,000. Finally, Yousif Capital Management LLC acquired a new stake in Liberty Global in the 4th quarter valued at about $128,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on LBTYA shares. Sanford C. Bernstein lowered 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 report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, Liberty Global presently has a consensus rating of “Hold” and an average target price of $17.43.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYA opened at $10.51 on Tuesday. The stock has a market capitalization of $3.67 billion, a PE ratio of 2.51 and a beta of 1.25. The firm has a fifty day moving average price of $11.25 and a 200 day moving average price of $13.91. Liberty Global Ltd. has a 1 year low of $9.84 and a 1 year high of $21.56. 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 (NASDAQ:LBTYA) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating the consensus estimate of ($0.92) by $7.25. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. Analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

About Liberty Global

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.