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

BBR Partners LLC bought a new position in Liberty Global Ltd. (NASDAQ:LBTYA) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 25,000 shares of the company’s stock, valued at approximately $436,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Artisan Partners Limited Partnership raised its position in shares of Liberty Global by 0.6% during the 4th quarter. Artisan Partners Limited Partnership now owns 14,141,397 shares of the company’s stock valued at $251,293,000 after purchasing an additional 80,267 shares during the period. Thompson Siegel & Walmsley LLC raised its holdings in Liberty Global by 8.5% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 4,518,231 shares of the company’s stock valued at $80,290,000 after acquiring an additional 352,488 shares during the period. Norges Bank purchased a new position in shares of Liberty Global in the fourth quarter valued at about $73,550,000. Vanguard Group Inc. lifted its position in shares of Liberty Global by 4.0% in the first quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock valued at $58,316,000 after acquiring an additional 131,077 shares in the last quarter. Finally, ACR Alpine Capital Research LLC lifted its holdings in Liberty Global by 11.5% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 3,058,910 shares of the company’s stock worth $53,317,000 after purchasing an additional 314,726 shares in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on LBTYA. Citigroup began coverage on shares of Liberty Global in a report on Friday, August 9th. They issued a “buy” rating and a $25.00 target price on the stock. Benchmark reaffirmed a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a report on Thursday, July 25th. Bank of America raised Liberty Global from an “underperform” rating to a “neutral” rating and increased their price target for the company from $15.50 to $21.30 in a research note on Monday, August 12th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, July 12th. 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 presently has an average rating of “Moderate Buy” and a consensus price target of $24.26.

Liberty Global Stock Performance

NASDAQ:LBTYA opened at $20.29 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. The stock’s fifty day moving average is $18.82 and its 200 day moving average is $17.66. 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 fifty-two week low of $15.01 and a fifty-two week high of $20.60.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.71 EPS for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The company had revenue of $1.87 billion for the quarter. On average, sell-side analysts anticipate that Liberty Global Ltd. will post -0.61 earnings per share for the current 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.