Liberty Global Ltd $LBTYA Shares Bought by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC grew its position in Liberty Global Ltd (NASDAQ:LBTYA) by 37.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 414,524 shares of the company’s stock after acquiring an additional 112,370 shares during the period. Liberty Global comprises 0.8% of Counterpoint Mutual Funds LLC’s portfolio, making the stock its 14th largest holding. Counterpoint Mutual Funds LLC’s holdings in Liberty Global were worth $5,012,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Copley Financial Group Inc. increased its position in shares of 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 buying an additional 931 shares in the last quarter. MAI Capital Management boosted its position in shares of Liberty Global by 27.5% in the 3rd quarter. MAI Capital Management now owns 4,559 shares of the company’s stock worth $52,000 after buying an additional 983 shares in the last quarter. NorthCrest Asset Manangement LLC grew its stake in Liberty Global by 9.0% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,743 shares of the company’s stock valued at $139,000 after acquiring an additional 1,050 shares during the last quarter. Anchyra Partners LLC grew its stake in Liberty Global by 7.3% in the 1st quarter. Anchyra Partners LLC now owns 16,384 shares of the company’s stock valued at $198,000 after acquiring an additional 1,114 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased 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 in the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on LBTYA. UBS Group upped their price target on shares of Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a report on Tuesday, March 31st. Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research note 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. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $18.00 target price on shares of Liberty Global in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $16.15.

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 55,000 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total value of $634,700.00. Following the completion of the transaction, the director directly owned 53,876 shares in the company, valued at approximately $621,729.04. The trade was a 50.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.34% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $11.30 on Friday. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of -0.71 and a beta of 0.93. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The firm has a 50-day moving average price of $11.77 and a 200 day moving average price of $11.70. Liberty Global Ltd has a twelve month low of $9.62 and a twelve month high of $13.52.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating 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 business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. Research analysts forecast that Liberty Global Ltd will post -1.38 earnings per share for the current fiscal year.

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.