Los Angeles Capital Management LLC Has $3.10 Million Position in Liberty Global Ltd $LBTYA

Los Angeles Capital Management LLC raised its holdings in Liberty Global Ltd (NASDAQ:LBTYA) by 27.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 282,453 shares of the company’s stock after buying an additional 60,314 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Liberty Global were worth $3,099,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Copley Financial Group Inc. raised its position in Liberty Global by 7.8% in the third quarter. Copley Financial Group Inc. now owns 12,801 shares of the company’s stock worth $147,000 after purchasing an additional 931 shares in the last quarter. MAI Capital Management boosted its holdings in Liberty Global by 27.5% during the third quarter. MAI Capital Management now owns 4,559 shares of the company’s stock valued at $52,000 after purchasing an additional 983 shares in the last quarter. NorthCrest Asset Manangement LLC grew its stake in shares of Liberty Global by 9.0% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,743 shares of the company’s stock valued at $139,000 after purchasing an additional 1,050 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after purchasing an additional 1,238 shares during the period. Finally, California State Teachers Retirement System raised its holdings in shares of Liberty Global by 1.3% in the 2nd quarter. California State Teachers Retirement System now owns 152,155 shares of the company’s stock worth $1,523,000 after buying an additional 1,999 shares in the last quarter. 37.20% of the stock is owned by institutional investors.

Liberty Global Price Performance

Shares of LBTYA stock opened at $11.74 on Wednesday. Liberty Global Ltd has a 1 year low of $9.45 and a 1 year high of $13.52. 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 firm’s 50 day moving average is $12.08 and its 200-day moving average is $11.67. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of -0.73 and a beta of 0.92.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The firm had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Sell-side analysts forecast that Liberty Global Ltd will post -1.38 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LBTYA has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Pivotal Research reiterated a “buy” rating and issued a $18.00 price objective on shares of Liberty Global in a research report on Monday, May 4th. Finally, UBS Group boosted their price objective on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research note on Tuesday, March 31st. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Liberty Global currently has an average rating of “Hold” and a consensus target price of $16.15.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.