Wolf Hill Capital Management LP Sells 437,312 Shares of Liberty Global Ltd $LBTYA

Wolf Hill Capital Management LP trimmed its stake in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 34.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 843,968 shares of the company’s stock after selling 437,312 shares during the quarter. Liberty Global comprises about 1.0% of Wolf Hill Capital Management LP’s portfolio, making the stock its 16th biggest holding. Wolf Hill Capital Management LP owned approximately 0.25% of Liberty Global worth $9,402,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Clearline Capital LP bought a new stake in shares of Liberty Global during the 3rd quarter valued at $2,059,000. Gamco Investors INC. ET AL lifted its position in shares of Liberty Global by 12.3% during the 3rd quarter. Gamco Investors INC. ET AL now owns 1,902,389 shares of the company’s stock valued at $21,801,000 after acquiring an additional 208,307 shares during the period. American Century Companies Inc. lifted its position in shares of Liberty Global by 38.3% during the 3rd quarter. American Century Companies Inc. now owns 2,936,165 shares of the company’s stock valued at $33,648,000 after acquiring an additional 813,798 shares during the period. SG Americas Securities LLC lifted its position in shares of Liberty Global by 1,594.4% during the 4th quarter. SG Americas Securities LLC now owns 507,445 shares of the company’s stock valued at $5,653,000 after acquiring an additional 477,497 shares during the period. Finally, Highland Peak Capital LLC bought a new stake in shares of Liberty Global during the 3rd quarter valued at $13,294,000. 37.20% of the stock is currently owned by institutional investors.

Liberty Global Price Performance

Shares of LBTYA stock opened at $12.46 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global Ltd has a twelve month low of $9.45 and a twelve month high of $13.52. The company has a market cap of $4.21 billion, a P/E ratio of -0.78 and a beta of 0.92. The business has a fifty day simple moving average of $12.08 and a 200 day simple moving average of $11.69.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share 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 business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. On average, sell-side analysts forecast that Liberty Global Ltd will post -1.38 EPS for the current fiscal year.

Analyst Ratings Changes

LBTYA has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Zacks Research upgraded Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Pivotal Research reiterated a “buy” rating and set a $18.00 target price on shares of Liberty Global in a research report on Monday, May 4th. Finally, UBS Group upped their price objective on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research report on Tuesday, March 31st. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $16.15.

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.