ACR Alpine Capital Research LLC Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

ACR Alpine Capital Research LLC bought a new position in Liberty Global Ltd. (NASDAQ:LBTYA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 577,252 shares of the company’s stock, valued at approximately $10,258,000. Liberty Global comprises 0.3% of ACR Alpine Capital Research LLC’s portfolio, making the stock its 16th biggest position. ACR Alpine Capital Research LLC owned 0.15% of Liberty Global at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Wilbanks Smith & Thomas Asset Management LLC bought a new stake in Liberty Global during the 4th quarter valued at about $302,000. Russell Investments Group Ltd. increased its position in Liberty Global by 144.5% during the 4th quarter. Russell Investments Group Ltd. now owns 114,823 shares of the company’s stock valued at $2,028,000 after purchasing an additional 67,863 shares during the period. Simplex Trading LLC increased its position in Liberty Global by 56.6% during the 4th quarter. Simplex Trading LLC now owns 85,200 shares of the company’s stock valued at $1,514,000 after purchasing an additional 30,782 shares during the period. Bfsg LLC purchased a new position in Liberty Global during the 4th quarter valued at about $106,000. Finally, Private Management Group Inc. increased its position in Liberty Global by 48,746.7% during the 4th quarter. Private Management Group Inc. now owns 548,548 shares of the company’s stock valued at $9,748,000 after purchasing an additional 547,425 shares during the period. Institutional investors own 37.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on LBTYA. UBS Group cut their target price on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating on the stock in a research report on Monday, February 26th. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Thursday, January 25th. Citigroup raised shares of Liberty Global from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $20.00 to $24.00 in a research report on Friday, February 9th. Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating in a research report on Friday, February 23rd. Finally, New Street Research reaffirmed a “neutral” rating on shares of Liberty Global in a research report on Wednesday, February 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $24.25.

Insider Activity at Liberty Global

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total value of $216,549.54. Following the transaction, the chief accounting officer now owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CAO Jason Waldron sold 11,226 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director J David Wargo sold 30,000 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the sale, the director now directly owns 159,632 shares in the company, valued at approximately $2,769,615.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 113,629 shares of company stock valued at $2,046,783. 11.51% of the stock is owned by company insiders.

Liberty Global Trading Down 1.3 %

Shares of Liberty Global stock traded down $0.22 during trading hours on Tuesday, reaching $16.96. 879,602 shares of the company’s stock were exchanged, compared to its average volume of 1,607,234. Liberty Global Ltd. has a 1 year low of $15.01 and a 1 year high of $20.56. The business has a fifty day moving average of $16.87 and a two-hundred day moving average of $17.19. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.28 and a quick ratio of 1.28.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Wednesday, May 1st. The company reported $1.32 earnings per share (EPS) for the quarter. Liberty Global had a negative net margin of 37.27% and a negative return on equity of 14.07%. The firm had revenue of $1.95 billion during the quarter. During the same period in the prior year, the company posted ($1.59) EPS. Equities research analysts predict that Liberty Global Ltd. will post -0.61 EPS for the current fiscal year.

About Liberty Global

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.