Key Points
- CFO Charles Bracken sold 33,220 shares on December 8 at an average price of $11.18 for a total of $371,399.60, disclosed in an SEC filing.
- Liberty Global reported (-$0.27) EPS for the quarter (missing consensus by $1.72), posted a negative net margin of 41.44% and negative ROE, and slightly missed revenue estimates.
- Large institutions have been increasing stakes (e.g., ACR Alpine, Oaktree, Dimensional, Rubric, AQR) with institutions owning 37.2% of the stock, while analysts' consensus is a Hold with a $15 average target and mixed ratings.
Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) CFO Charles Bracken sold 33,220 shares of the company's stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $11.18, for a total transaction of $371,399.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Liberty Global Price Performance
Liberty Global stock opened at $11.17 on Thursday. The company's 50 day simple moving average is $11.04 and its 200-day simple moving average is $10.79. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 0.96. Liberty Global Ltd has a 1 year low of $9.02 and a 1 year high of $13.17. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of -1.83 and a beta of 1.05.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its earnings results on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $1.45 by ($1.72). Liberty Global had a negative net margin of 41.44% and a negative return on equity of 14.71%. The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.23 billion. As a group, equities research analysts expect that Liberty Global Ltd will post -1.35 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in LBTYA. ACR Alpine Capital Research LLC raised its position in shares of Liberty Global by 3.5% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company's stock worth $243,384,000 after acquiring an additional 719,589 shares in the last quarter. Oaktree Capital Management LP increased its stake in Liberty Global by 4.1% in the third quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company's stock valued at $97,997,000 after purchasing an additional 339,000 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Liberty Global by 3.7% during the third quarter. Dimensional Fund Advisors LP now owns 8,110,169 shares of the company's stock worth $92,945,000 after purchasing an additional 287,889 shares in the last quarter. Rubric Capital Management LP lifted its position in shares of Liberty Global by 36.2% during the 3rd quarter. Rubric Capital Management LP now owns 7,750,367 shares of the company's stock worth $88,819,000 after buying an additional 2,058,142 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Liberty Global by 227.4% in the 3rd quarter. AQR Capital Management LLC now owns 7,672,437 shares of the company's stock valued at $87,926,000 after buying an additional 5,328,998 shares in the last quarter. Hedge funds and other institutional investors own 37.20% of the company's stock.
Analyst Upgrades and Downgrades
LBTYA has been the subject of a number of research analyst reports. UBS Group raised their target price on Liberty Global from $11.80 to $12.60 and gave the company a "neutral" rating in a report on Wednesday, December 3rd. Weiss Ratings reissued a "sell (d-)" rating on shares of Liberty Global in a research note on Wednesday, October 8th. Citigroup upped their target price on shares of Liberty Global from $11.00 to $13.00 and gave the stock a "neutral" rating in a research note on Tuesday, December 2nd. Finally, Zacks Research upgraded Liberty Global to a "hold" rating in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $15.00.
Get Our Latest Report on LBTYA
Liberty Global Company Profile
(
Get Free Report)
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.
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