Gamco Investors INC. ET AL Grows Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Gamco Investors INC. ET AL raised its stake in Liberty Global Ltd. (NASDAQ:LBTYA) by 32.8% during the 1st quarter, HoldingsChannel reports. The firm owned 1,222,428 shares of the company’s stock after acquiring an additional 301,639 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Liberty Global were worth $20,683,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of LBTYA. ACR Alpine Capital Research LLC grew its stake in Liberty Global by 375.4% in the first quarter. ACR Alpine Capital Research LLC now owns 2,744,184 shares of the company’s stock worth $46,432,000 after purchasing an additional 2,166,932 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Liberty Global by 100.5% in the first quarter. GSA Capital Partners LLP now owns 112,688 shares of the company’s stock valued at $1,907,000 after acquiring an additional 56,491 shares during the period. Thompson Siegel & Walmsley LLC boosted its stake in Liberty Global by 8.5% in 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. Hsbc Holdings PLC boosted its stake in Liberty Global by 168.4% in the fourth quarter. Hsbc Holdings PLC now owns 97,621 shares of the company’s stock valued at $1,726,000 after acquiring an additional 61,244 shares during the period. Finally, Nebula Research & Development LLC boosted its stake in Liberty Global by 296.6% in the fourth quarter. Nebula Research & Development LLC now owns 58,801 shares of the company’s stock valued at $1,045,000 after acquiring an additional 43,976 shares during the period. 37.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft lifted their target price on Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, July 12th. Benchmark restated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a research note on Thursday. Finally, Barclays reduced their price objective on Liberty Global from $22.00 to $20.00 and set an “equal weight” rating for the company in a research report on Friday, May 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $24.58.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA traded up $0.61 during midday trading on Friday, hitting $19.40. 3,336,783 shares of the company’s stock were exchanged, compared to its average volume of 2,048,769. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.28 and a quick ratio of 1.28. The stock’s 50 day moving average price is $17.67 and its 200-day moving average price is $17.68. The firm has a market cap of $7.23 billion, a P/E ratio of -3.00 and a beta of 1.16. Liberty Global Ltd. has a twelve month low of $15.01 and a twelve month high of $20.56.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Wednesday, May 1st. The company reported $1.32 EPS for the quarter. Liberty Global had a negative return on equity of 10.57% and a negative net margin of 27.03%. The firm had revenue of $1.95 billion for the quarter. During the same period in the previous year, the firm earned ($1.59) EPS. Equities research analysts anticipate that Liberty Global Ltd. will post -0.61 EPS for the current year.

Liberty Global Company 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.