Los Angeles Capital Management LLC Takes Position in Liberty Global Ltd $LBTYK

Los Angeles Capital Management LLC bought a new stake in Liberty Global Ltd (NASDAQ:LBTYK) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 241,002 shares of the company’s stock, valued at approximately $2,731,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of LBTYK. Royal Bank of Canada lifted its stake in shares of Liberty Global by 22.5% in the 1st quarter. Royal Bank of Canada now owns 33,798 shares of the company’s stock valued at $405,000 after acquiring an additional 6,217 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Liberty Global by 18.0% in the 1st quarter. AQR Capital Management LLC now owns 80,872 shares of the company’s stock valued at $963,000 after acquiring an additional 12,330 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Liberty Global by 76,160.0% in the 1st quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock valued at $46,000 after acquiring an additional 3,808 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Liberty Global by 140.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock valued at $17,059,000 after acquiring an additional 832,838 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Liberty Global by 2.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 646,852 shares of the company’s stock valued at $7,743,000 after acquiring an additional 15,121 shares during the last quarter. Institutional investors own 46.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Weiss Ratings lowered Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Wall Street Zen raised Liberty Global from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Global currently has a consensus rating of “Sell”.

Liberty Global Trading Down 0.5%

NASDAQ:LBTYK opened at $11.31 on Wednesday. The company has a 50-day moving average price of $11.72 and a 200-day moving average price of $11.46. Liberty Global Ltd has a 12 month low of $9.73 and a 12 month high of $13.12. 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 stock has a market cap of $3.82 billion, a price-to-earnings ratio of -0.71 and a beta of 0.88.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion.

About Liberty Global

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.