Lancaster Investment Management Has $30.04 Million Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Lancaster Investment Management lowered its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 4.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,354,000 shares of the company’s stock after selling 119,000 shares during the period. Liberty Global makes up about 26.6% of Lancaster Investment Management’s portfolio, making the stock its 2nd largest position. Lancaster Investment Management’s holdings in Liberty Global were worth $30,037,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in LBTYA. ING Groep NV bought a new stake in shares of Liberty Global in the 3rd quarter valued at $12,953,000. Empowered Funds LLC acquired a new position in Liberty Global in the 3rd quarter worth $638,000. Algert Global LLC boosted its stake in Liberty Global by 780.9% in the 3rd quarter. Algert Global LLC now owns 315,211 shares of the company’s stock worth $6,654,000 after purchasing an additional 279,430 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Liberty Global during the 3rd quarter worth about $452,000. Finally, Mirabella Financial Services LLP boosted its stake in shares of Liberty Global by 16.6% during the 3rd quarter. Mirabella Financial Services LLP now owns 2,113,665 shares of the company’s stock worth $44,619,000 after buying an additional 300,305 shares during the last quarter. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Down 2.2 %

Liberty Global stock opened at $11.36 on Thursday. The stock has a market cap of $3.96 billion, a P/E ratio of 2.71 and a beta of 1.27. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a twelve month low of $10.55 and a twelve month high of $21.56. The company’s 50-day moving average price is $11.63 and its two-hundred day moving average price is $15.47.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.84 billion. As a group, analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $13.10 to $12.60 in a research note on Friday, December 6th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Barclays reduced their price objective on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Finally, Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and cut their target price for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Liberty Global has an average rating of “Hold” and a consensus target price of $17.75.

Insider Transactions at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the transaction, the insider now directly owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. This trade represents a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.51% of the company’s stock.

Liberty Global Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.