BBR Partners LLC Buys New Position in Liberty Global Ltd. (NASDAQ:LBTYA)

BBR Partners LLC acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYA) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 25,000 shares of the company’s stock, valued at approximately $436,000.

A number of other institutional investors also recently bought and sold shares of LBTYA. Rhumbline Advisers grew its holdings in shares of Liberty Global by 2,174.1% during the second quarter. Rhumbline Advisers now owns 144,156 shares of the company’s stock valued at $2,513,000 after buying an additional 137,817 shares during the last quarter. Versor Investments LP purchased a new position in Liberty Global during the 2nd quarter worth approximately $969,000. ACR Alpine Capital Research LLC lifted its stake in Liberty Global by 11.5% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 3,058,910 shares of the company’s stock valued at $53,317,000 after acquiring an additional 314,726 shares during the period. nVerses Capital LLC acquired a new position in Liberty Global during the second quarter valued at $75,000. Finally, Maryland State Retirement & Pension System acquired a new stake in Liberty Global during the 2nd quarter worth about $464,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYA opened at $20.29 on Friday. The business’s 50 day moving average price is $18.82 and its 200-day moving average price is $17.66. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $7.56 billion, a PE ratio of -3.14 and a beta of 1.16. Liberty Global Ltd. has a 1 year low of $15.01 and a 1 year high of $20.60.

Liberty Global (NASDAQ:LBTYA) last issued its earnings results on Thursday, July 25th. The company reported $0.71 EPS for the quarter. The business had revenue of $1.87 billion during the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. As a group, equities research analysts expect that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on LBTYA. Deutsche Bank Aktiengesellschaft raised their target price on Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Citigroup began coverage on shares of Liberty Global in a research report on Friday, August 9th. They issued a “buy” rating and a $25.00 price objective for the company. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and raised their target price for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Finally, Benchmark restated a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research report on Thursday, July 25th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $24.26.

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.