Aire Advisors LLC Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

Aire Advisors LLC purchased a new stake in Liberty Global Ltd. (NASDAQ:LBTYA) in the fourth quarter, Holdings Channel reports. The firm purchased 19,400 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. ACR Alpine Capital Research LLC raised its stake in Liberty Global by 333.3% during the fourth quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company’s stock worth $221,730,000 after purchasing an additional 13,366,743 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Liberty Global by 2,799.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock valued at $98,079,000 after buying an additional 4,485,823 shares during the period. Vanguard Group Inc. lifted its holdings in Liberty Global by 55.3% in the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company’s stock valued at $66,865,000 after acquiring an additional 1,866,197 shares during the last quarter. American Century Companies Inc. acquired a new stake in Liberty Global during the fourth quarter worth $9,403,000. Finally, State Street Corp raised its position in Liberty Global by 36.8% in the third quarter. State Street Corp now owns 2,624,307 shares of the company’s stock valued at $55,399,000 after purchasing an additional 705,780 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Insider Buying and Selling

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now directly owns 16,153 shares in the company, valued at $209,019.82. This trade represents a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.51% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on LBTYA shares. Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $13.10 to $12.60 in a report on Friday, December 6th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Barclays dropped their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, November 25th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Liberty Global has an average rating of “Hold” and a consensus target price of $17.43.

Liberty Global Stock Down 1.0 %

Liberty Global stock opened at $11.55 on Tuesday. The firm has a market capitalization of $4.03 billion, a P/E ratio of 2.76 and a beta of 1.27. The stock’s fifty day simple moving average is $11.50 and its 200-day simple moving average is $15.00. Liberty Global Ltd. has a twelve month low of $10.55 and a twelve month high of $21.56. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

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

Liberty Global Company 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.