Los Angeles Capital Management LLC Takes $2.73 Million Position in Liberty Global Ltd $LBTYK

Los Angeles Capital Management LLC bought a new stake in Liberty Global Ltd (NASDAQ:LBTYK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 241,002 shares of the company’s stock, valued at approximately $2,731,000. Los Angeles Capital Management LLC owned 0.07% of Liberty Global at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Rubric Capital Management LP raised its stake in shares of Liberty Global by 38.0% in the third quarter. Rubric Capital Management LP now owns 4,538,570 shares of the company’s stock valued at $53,328,000 after buying an additional 1,248,781 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Liberty Global by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 3,566,556 shares of the company’s stock valued at $41,907,000 after buying an additional 78,262 shares during the period. American Century Companies Inc. raised its stake in shares of Liberty Global by 36.9% in the third quarter. American Century Companies Inc. now owns 2,519,167 shares of the company’s stock valued at $29,600,000 after buying an additional 678,674 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of Liberty Global in the second quarter valued at $21,833,000. Finally, Deltroit Asset Management UK LLP bought a new stake in shares of Liberty Global in the fourth quarter valued at $21,319,000. 46.10% of the stock is currently owned by institutional investors.

Liberty Global Price Performance

LBTYK opened at $11.31 on Wednesday. The stock has a 50-day moving average price of $11.72 and a 200-day moving average price of $11.46. Liberty Global Ltd has a 12-month low of $9.73 and a 12-month high of $13.12. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $3.82 billion, a P/E ratio of -0.71 and a beta of 0.88.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on LBTYK shares. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Liberty Global Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra?fast broadband, pay television, voice services and mobile offerings.