Quantinno Capital Management LP Has $11.27 Million Position in Liberty Global Ltd $LBTYA

Quantinno Capital Management LP lifted its holdings in Liberty Global Ltd (NASDAQ:LBTYA) by 34.8% during the first quarter, HoldingsChannel reports. The firm owned 932,152 shares of the company’s stock after purchasing an additional 240,763 shares during the period. Quantinno Capital Management LP’s holdings in Liberty Global were worth $11,270,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Quarry LP acquired a new stake in Liberty Global in the 3rd quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its position in shares of Liberty Global by 79.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after acquiring an additional 1,238 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Liberty Global in the second quarter worth $47,000. Cubist Systematic Strategies LLC acquired a new position in Liberty Global during the 1st quarter valued at $64,000. Finally, IFP Advisors Inc raised its stake in Liberty Global by 128.8% during the 4th quarter. IFP Advisors Inc now owns 5,640 shares of the company’s stock valued at $63,000 after purchasing an additional 3,175 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $10.88 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The firm’s 50-day simple moving average is $11.19 and its 200-day simple moving average is $11.63. Liberty Global Ltd has a twelve month low of $9.43 and a twelve month high of $13.52. The firm has a market cap of $3.71 billion, a P/E ratio of -1.21 and a beta of 0.93.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 billion. Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%. As a group, research analysts expect that Liberty Global Ltd will post -1.46 EPS for the current fiscal year.

Insider Activity

In related news, Director J David Wargo sold 55,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total transaction of $634,700.00. Following the completion of the transaction, the director owned 53,876 shares in the company, valued at $621,729.04. This trade represents a 50.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 4.34% of the company’s stock.

Analyst Upgrades and Downgrades

LBTYA has been the topic of several research analyst reports. UBS Group decreased their price target on shares of Liberty Global from $12.60 to $12.10 and set a “neutral” rating on the stock in a research report on Wednesday, July 8th. Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Pivotal Research reissued a “buy” rating and set a $18.00 target price on shares of Liberty Global in a research report on Monday, May 4th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $14.37.

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.