Gamco Investors INC. ET AL Boosts Stock Position in Liberty Global Ltd $LBTYA

Gamco Investors INC. ET AL boosted its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 8.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,061,839 shares of the company’s stock after acquiring an additional 159,450 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Liberty Global were worth $22,969,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of LBTYA. Quarry LP purchased a new position in Liberty Global during the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC boosted its holdings in Liberty Global by 79.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after acquiring an additional 1,238 shares during the period. Rothschild Investment LLC boosted its holdings in Liberty Global by 207.4% during the 3rd quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock valued at $34,000 after acquiring an additional 2,012 shares during the period. Allworth Financial LP purchased a new position in Liberty Global during the 3rd quarter valued at $42,000. Finally, Headlands Technologies LLC purchased a new position in Liberty Global during the 2nd quarter valued at $47,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Up 4.7%

NASDAQ:LBTYA opened at $12.05 on Tuesday. Liberty Global Ltd has a 1-year low of $9.44 and a 1-year high of $13.52. The company has a 50-day moving average of $12.13 and a 200 day moving average of $11.53. The firm has a market cap of $4.07 billion, a PE ratio of -0.75 and a beta of 0.90. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. As a group, research analysts anticipate that Liberty Global Ltd will post -1.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LBTYA has been the subject of a number of recent analyst reports. Pivotal Research restated a “buy” rating and set a $18.00 price objective on shares of Liberty Global in a report on Monday, May 4th. UBS Group boosted their price objective on Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a report on Tuesday, March 31st. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Finally, Zacks Research raised Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $16.15.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.