BBR Partners LLC Boosts Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

BBR Partners LLC raised its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 150.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 150,000 shares of the company’s stock after acquiring an additional 90,000 shares during the period. BBR Partners LLC’s holdings in Liberty Global were worth $1,914,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LBTYA. Blue Trust Inc. grew its holdings in Liberty Global by 58.1% in the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after buying an additional 1,081 shares during the period. Spire Wealth Management purchased a new stake in Liberty Global in the 4th quarter valued at about $59,000. VisionPoint Advisory Group LLC purchased a new stake in Liberty Global in the 4th quarter valued at about $123,000. Yousif Capital Management LLC purchased a new stake in Liberty Global in the 4th quarter valued at about $128,000. Finally, Clifford Capital Partners LLC purchased a new stake in Liberty Global in the 3rd quarter valued at about $227,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Insider Activity

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now directly owns 16,153 shares in the company, valued at approximately $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 11.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. UBS Group cut Liberty Global from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Barclays decreased their target price on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, November 25th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Finally, Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Liberty Global presently has an average rating of “Hold” and a consensus target price of $17.75.

Liberty Global Stock Down 0.5 %

Shares of NASDAQ:LBTYA opened at $11.52 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 52-week low of $10.55 and a 52-week high of $21.56. The company has a 50 day moving average of $11.72 and a two-hundred day moving average of $15.70. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 2.75 and a beta of 1.24.

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

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.