GSA Capital Partners LLP Invests $760,000 in Liberty Global PLC $LILAK

GSA Capital Partners LLP acquired a new stake in Liberty Global PLC (NASDAQ:LILAK) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 90,090 shares of the company’s stock, valued at approximately $760,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Fourth Sail Capital LP raised its position in shares of Liberty Global by 51.4% during the 2nd quarter. Fourth Sail Capital LP now owns 3,835,640 shares of the company’s stock valued at $23,858,000 after acquiring an additional 1,302,037 shares during the last quarter. Oaktree Capital Management LP acquired a new stake in shares of Liberty Global during the second quarter worth $14,483,000. Allianz Asset Management GmbH increased its holdings in Liberty Global by 24.5% in the third quarter. Allianz Asset Management GmbH now owns 1,287,750 shares of the company’s stock valued at $10,869,000 after purchasing an additional 253,169 shares during the last quarter. Nordea Investment Management AB increased its holdings in Liberty Global by 1.6% in the third quarter. Nordea Investment Management AB now owns 895,837 shares of the company’s stock valued at $7,668,000 after purchasing an additional 13,836 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in Liberty Global by 0.7% in the second quarter. Empowered Funds LLC now owns 871,800 shares of the company’s stock valued at $5,423,000 after buying an additional 5,908 shares during the period. 52.98% of the stock is owned by institutional investors.

Liberty Global Stock Performance

Shares of LILAK opened at $8.10 on Friday. The company has a debt-to-equity ratio of 6.78, a quick ratio of 1.14 and a current ratio of 1.14. Liberty Global PLC has a twelve month low of $4.23 and a twelve month high of $9.13. The firm’s 50 day moving average price is $7.71 and its two-hundred day moving average price is $8.03. The firm has a market cap of $1.62 billion, a P/E ratio of -2.65 and a beta of 0.99.

Liberty Global (NASDAQ:LILAK) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.37). Liberty Global had a negative return on equity of 48.22% and a negative net margin of 13.76%.The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.10 billion.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of Liberty Global from a “hold” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $8.20.

About Liberty Global

Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.

The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.