Wolf Hill Capital Management LP Sells 437,312 Shares of Liberty Global Ltd $LBTYA

Wolf Hill Capital Management LP cut its position in Liberty Global Ltd (NASDAQ:LBTYA) by 34.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 843,968 shares of the company’s stock after selling 437,312 shares during the quarter. Liberty Global accounts for about 1.0% of Wolf Hill Capital Management LP’s holdings, making the stock its 16th biggest holding. Wolf Hill Capital Management LP’s holdings in Liberty Global were worth $9,402,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Copley Financial Group Inc. raised its position in Liberty Global by 7.8% in the third quarter. Copley Financial Group Inc. now owns 12,801 shares of the company’s stock valued at $147,000 after purchasing an additional 931 shares during the last quarter. MAI Capital Management raised its position in Liberty Global by 27.5% in the third quarter. MAI Capital Management now owns 4,559 shares of the company’s stock valued at $52,000 after purchasing an additional 983 shares during the last quarter. NorthCrest Asset Manangement LLC raised its position in Liberty Global by 9.0% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 12,743 shares of the company’s stock valued at $139,000 after purchasing an additional 1,050 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Liberty Global by 79.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after purchasing an additional 1,238 shares during the last quarter. Finally, Caerus Investment Advisors LLC raised its position in Liberty Global by 12.7% in the fourth quarter. Caerus Investment Advisors LLC now owns 11,930 shares of the company’s stock valued at $133,000 after purchasing an additional 1,348 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on LBTYA. Zacks Research upgraded Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Pivotal Research reissued a “buy” rating and issued a $18.00 price target on shares of Liberty Global in a research note on Monday, May 4th. Finally, UBS Group increased their price target on Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a research note on Tuesday, March 31st. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $16.15.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $12.46 on Monday. The stock has a market cap of $4.21 billion, a price-to-earnings ratio of -0.78 and a beta of 0.92. The stock has a 50-day moving average of $12.08 and a 200-day moving average of $11.69. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global Ltd has a 1-year low of $9.45 and a 1-year high of $13.52.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%. On average, equities research analysts forecast that Liberty Global Ltd will post -1.38 earnings per share for the current year.

Liberty Global 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.