Trexquant Investment LP Boosts Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Trexquant Investment LP raised its stake in Liberty Global Ltd. (NASDAQ:LBTYA) by 15.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 369,084 shares of the company’s stock after buying an additional 48,633 shares during the period. Trexquant Investment LP’s holdings in Liberty Global were worth $4,710,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Stifel Financial Corp boosted its stake in shares of Liberty Global by 8.2% during the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock valued at $268,000 after purchasing an additional 968 shares in the last quarter. Blue Trust Inc. boosted its position in Liberty Global by 58.1% during the 4th 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 in the last quarter. Bank of New York Mellon Corp boosted its position in Liberty Global by 0.3% during the 4th quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company’s stock valued at $5,999,000 after acquiring an additional 1,615 shares in the last quarter. Swiss National Bank raised its position in shares of Liberty Global by 1.2% in the 4th quarter. Swiss National Bank now owns 323,000 shares of the company’s stock worth $4,121,000 after acquiring an additional 3,800 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Liberty Global by 13.1% during the 4th quarter. Empowered Funds LLC now owns 34,177 shares of the company’s stock worth $436,000 after purchasing an additional 3,970 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

Liberty Global Stock Performance

LBTYA opened at $10.30 on Friday. The company has a market cap of $3.59 billion, a P/E ratio of 2.46 and a beta of 1.27. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The firm’s 50-day moving average price is $11.43 and its 200-day moving average price is $14.50. Liberty Global Ltd. has a 52-week low of $10.22 and a 52-week high of $21.56.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. As a group, equities analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on LBTYA shares. Sanford C. Bernstein lowered Liberty Global from an “outperform” rating to a “market perform” rating and cut their target price for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of 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 analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $17.43.

Liberty Global 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.