Mint Tower Capital Management B.V. purchased a new position in shares of Liberty Global (NASDAQ:LBTYA) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the company’s stock, valued at approximately $313,000.
Several other institutional investors have also modified their holdings of LBTYA. BlackRock Inc. raised its position in shares of Liberty Global by 13.2% in the 4th quarter. BlackRock Inc. now owns 9,078,446 shares of the company’s stock worth $325,371,000 after buying an additional 1,061,655 shares during the period. Millennium Management LLC raised its position in shares of Liberty Global by 433.6% in the 4th quarter. Millennium Management LLC now owns 458,839 shares of the company’s stock worth $16,445,000 after buying an additional 372,854 shares during the period. Farallon Capital Management LLC raised its position in shares of Liberty Global by 9.3% in the 4th quarter. Farallon Capital Management LLC now owns 3,270,180 shares of the company’s stock worth $117,203,000 after buying an additional 277,245 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Liberty Global by 115.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 382,300 shares of the company’s stock worth $13,703,000 after buying an additional 205,015 shares during the period. Finally, Soapstone Management L.P. purchased a new position in shares of Liberty Global in the 4th quarter worth $6,272,000. 23.21% of the stock is currently owned by institutional investors.
Liberty Global opened at $29.17 on Friday, MarketBeat.com reports. The company has a debt-to-equity ratio of 6.79, a quick ratio of 0.33 and a current ratio of 0.33. Liberty Global has a 12 month low of $29.49 and a 12 month high of $30.01. The stock has a market capitalization of $23.91 billion, a price-to-earnings ratio of -12.74, a P/E/G ratio of 5.76 and a beta of 1.62.
Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.68) EPS for the quarter. Liberty Global had a negative net margin of 20.88% and a negative return on equity of 35.66%. The company had revenue of $3.99 billion during the quarter. equities research analysts anticipate that Liberty Global will post 0.54 EPS for the current fiscal year.
Several research analysts recently weighed in on LBTYA shares. Credit Suisse Group raised Liberty Global from a “neutral” rating to an “outperform” rating in a research report on Thursday, April 19th. Barclays reaffirmed a “buy” rating and issued a $39.00 target price on shares of Liberty Global in a research report on Sunday, May 13th. BidaskClub raised Liberty Global from a “sell” rating to a “hold” rating in a research report on Saturday, April 28th. Buckingham Research increased their target price on Liberty Global from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, Zacks Investment Research raised Liberty Global from a “sell” rating to a “hold” rating in a research report on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $39.67.
About Liberty Global
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
Want to see what other hedge funds are holding LBTYA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global (NASDAQ:LBTYA).
Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.