Peak6 LLC Takes $3.90 Million Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Peak6 LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 305,826 shares of the company’s stock, valued at approximately $3,902,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. HighTower Advisors LLC acquired a new position in shares of Liberty Global during the 3rd quarter worth $445,000. Stifel Financial Corp boosted its holdings in Liberty Global by 8.2% in the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock valued at $268,000 after acquiring an additional 968 shares during the last quarter. State Street Corp increased its position in shares of Liberty Global by 36.8% during the third quarter. State Street Corp now owns 2,624,307 shares of the company’s stock worth $55,399,000 after buying an additional 705,780 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in Liberty Global during the 3rd quarter worth about $1,272,000. Finally, Barclays PLC increased its holdings in Liberty Global by 153.2% in the third quarter. Barclays PLC now owns 496,045 shares of the company’s stock worth $10,471,000 after purchasing an additional 300,126 shares in the last quarter. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Performance

NASDAQ LBTYA opened at $10.63 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The company has a market capitalization of $3.71 billion, a PE ratio of 2.54 and a beta of 1.25. Liberty Global Ltd. has a 52-week low of $9.84 and a 52-week high of $21.56. The company has a 50-day simple moving average of $11.21 and a 200 day simple moving average of $13.79.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating the consensus estimate of ($0.92) by $7.25. The business 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%. On average, research analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current year.

Wall Street Analysts Forecast Growth

LBTYA has been the topic of a number of research analyst reports. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft lowered their price objective on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company 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 assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $17.43.

Liberty Global Company 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.