Liberty Global Ltd $LBTYK Shares Purchased by Luxor Capital Group LP

Luxor Capital Group LP increased its stake in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 32.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 705,916 shares of the company’s stock after purchasing an additional 173,200 shares during the period. Liberty Global makes up approximately 0.4% of Luxor Capital Group LP’s investment portfolio, making the stock its 26th largest position. Luxor Capital Group LP owned 0.21% of Liberty Global worth $8,295,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Liberty Global by 22.5% during the first quarter. Royal Bank of Canada now owns 33,798 shares of the company’s stock worth $405,000 after purchasing an additional 6,217 shares in the last quarter. AQR Capital Management LLC raised its holdings 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 buying an additional 12,330 shares during the period. Jones Financial Companies Lllp raised its holdings 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 buying an additional 3,808 shares during the period. Goldman Sachs Group Inc. lifted its stake in Liberty Global by 140.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock worth $17,059,000 after acquiring an additional 832,838 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Liberty Global by 2.4% during 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 worth $7,743,000 after acquiring an additional 15,121 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on LBTYK shares. Wall Street Zen raised Liberty Global from a “sell” rating to a “hold” rating in a research report on Friday, November 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Liberty Global presently has a consensus rating of “Sell”.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $11.94 on Tuesday. The business has a 50-day simple moving average of $11.39 and a 200-day simple moving average of $11.33. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.08 and a current ratio of 1.08. Liberty Global Ltd has a one year low of $9.21 and a one year high of $13.12. The company has a market cap of $4.00 billion, a PE ratio of -0.57 and a beta of 0.98.

Liberty Global (NASDAQ:LBTYK) last issued its earnings results on Wednesday, February 18th. The company reported ($8.60) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($8.29). 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 $1.23 billion.

Liberty Global Company Profile

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.