Gamco Investors INC. ET AL Acquires 208,307 Shares of Liberty Global Ltd $LBTYA

Gamco Investors INC. ET AL lifted its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 12.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,902,389 shares of the company’s stock after purchasing an additional 208,307 shares during the period. Gamco Investors INC. ET AL’s holdings in Liberty Global were worth $21,801,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank bought a new position in Liberty Global during the 2nd quarter worth $37,954,000. Covalis Capital LLP bought a new stake in shares of Liberty Global in the 2nd quarter valued at about $17,054,000. Bank of Nova Scotia grew its position in shares of Liberty Global by 1,576.5% in the 2nd quarter. Bank of Nova Scotia now owns 1,498,800 shares of the company’s stock valued at $15,003,000 after buying an additional 1,409,400 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Liberty Global by 114.5% in the second quarter. AQR Capital Management LLC now owns 2,343,439 shares of the company’s stock valued at $23,235,000 after buying an additional 1,250,769 shares during the period. Finally, Highland Peak Capital LLC bought a new position in shares of Liberty Global during the third quarter worth about $13,294,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 13.29% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $12.54 on Friday. The firm has a market capitalization of $4.20 billion, a P/E ratio of -0.60 and a beta of 1.02. The firm’s 50-day moving average price is $11.39 and its 200-day moving average price is $11.31. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.79. Liberty Global Ltd has a 1-year low of $9.02 and a 1-year high of $13.52.

Liberty Global (NASDAQ:LBTYA) last issued its earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing the consensus estimate of ($0.46) by ($8.14). Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Equities research analysts anticipate that Liberty Global Ltd will post -1.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LBTYA shares. Citigroup lifted their price objective on Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd. Finally, UBS Group boosted their price target on shares of Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Liberty Global currently has a consensus rating of “Hold” and a consensus price target of $14.40.

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.