Segantii Capital Management Ltd Has $13.38 Million Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Segantii Capital Management Ltd grew its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 392.7% in the fourth quarter, Holdings Channel reports. The fund owned 752,772 shares of the company’s stock after acquiring an additional 600,000 shares during the quarter. Segantii Capital Management Ltd’s holdings in Liberty Global were worth $13,377,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Liberty Global by 148.1% in the third quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company’s stock worth $39,000 after acquiring an additional 1,357 shares during the period. Bfsg LLC purchased a new stake in Liberty Global in the fourth quarter worth about $106,000. Anchor Investment Management LLC bought a new position in Liberty Global during the 4th quarter valued at about $141,000. Advisor Partners II LLC purchased a new position in shares of Liberty Global in the third quarter worth approximately $209,000. Finally, Autumn Glory Partners LLC purchased a new stake in shares of Liberty Global in the third quarter worth $215,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now directly owns 70,666 shares in the company, valued at $1,363,147.14. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CAO Jason Waldron sold 11,226 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the completion of the transaction, the chief accounting officer now directly owns 70,666 shares in the company, valued at $1,363,147.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Bryan H. Hall sold 15,000 shares of Liberty Global stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $18.68, for a total value of $280,200.00. Following the completion of the sale, the executive vice president now owns 129,934 shares in the company, valued at $2,427,167.12. The disclosure for this sale can be found here. In the last ninety days, insiders sold 113,629 shares of company stock worth $2,046,783. Insiders own 11.51% of the company’s stock.

Wall Street Analyst Weigh In

LBTYA has been the topic of several research reports. New Street Research restated a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th. TheStreet upgraded Liberty Global from a “d+” rating to a “c-” rating in a research report on Thursday, January 25th. Barclays lowered their price objective on Liberty Global from $22.00 to $20.00 and set an “equal weight” rating for the company in a research report on Friday, May 3rd. HSBC cut shares of Liberty Global from a “buy” rating to a “hold” rating and reduced their target price for the stock from $26.00 to $20.00 in a research note on Monday, March 18th. Finally, Benchmark reiterated a “buy” rating and set a $33.00 target price on shares of Liberty Global in a report on Thursday, May 2nd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $24.25.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYA traded up $0.29 on Thursday, reaching $16.76. 1,064,276 shares of the company’s stock were exchanged, compared to its average volume of 1,606,522. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of -2.55 and a beta of 1.16. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a twelve month low of $15.01 and a twelve month high of $20.56. The company has a fifty day moving average of $16.85 and a 200-day moving average of $17.20.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Wednesday, May 1st. The company reported $1.32 earnings per share (EPS) for the quarter. The company had revenue of $1.95 billion for the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%. During the same quarter in the previous year, the firm posted ($1.59) earnings per share. On average, research analysts predict that Liberty Global Ltd. will post -0.61 EPS for the current fiscal year.

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.