Squarepoint Ops LLC Acquires 170,328 Shares of Liberty Global Ltd $LBTYA

Squarepoint Ops LLC raised its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 94.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 349,916 shares of the company’s stock after acquiring an additional 170,328 shares during the period. Squarepoint Ops LLC’s holdings in Liberty Global were worth $3,979,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Anchyra Partners LLC raised its holdings in shares of Liberty Global by 7.3% in the 1st quarter. Anchyra Partners LLC now owns 16,384 shares of the company’s stock valued at $198,000 after acquiring an additional 1,114 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Liberty Global by 79.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after purchasing an additional 1,238 shares in the last quarter. Caerus Investment Advisors LLC grew its holdings in shares of Liberty Global by 12.7% during the fourth quarter. Caerus Investment Advisors LLC now owns 11,930 shares of the company’s stock worth $133,000 after purchasing an additional 1,348 shares in the last quarter. Allworth Financial LP increased its position in shares of Liberty Global by 42.1% in the second quarter. Allworth Financial LP now owns 4,590 shares of the company’s stock worth $52,000 after purchasing an additional 1,360 shares during the last quarter. Finally, Waverly Advisors LLC increased its position in shares of Liberty Global by 10.4% in the second quarter. Waverly Advisors LLC now owns 16,381 shares of the company’s stock worth $186,000 after purchasing an additional 1,547 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

Liberty Global Price Performance

LBTYA opened at $10.47 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $3.57 billion, a P/E ratio of -1.17 and a beta of 0.93. The stock has a 50-day moving average price of $10.55 and a 200-day moving average price of $11.52. Liberty Global Ltd has a 12-month low of $9.43 and a 12-month high of $13.52.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. Equities analysts predict that Liberty Global Ltd will post -1.54 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Liberty Global news, Director J Wargo sold 55,000 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total transaction of $634,700.00. Following the transaction, the director directly owned 53,876 shares in the company, valued at $621,729.04. This trade represents a 50.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.34% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on LBTYA shares. UBS Group dropped their target price on shares of Liberty Global from $12.10 to $11.90 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 31st. Finally, Barclays lowered their price objective on shares of Liberty Global from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $13.22.

Liberty Global Profile

Liberty Global plc is an international telecommunications and investment company focused on broadband, mobile, video, and fixed-line communications services. Through its operating businesses and strategic investments, the company provides connectivity, television, and digital services to consumers and businesses.

Liberty Global has interests in telecommunications operations across Europe. Its portfolio has included Virgin Media O2 in the United Kingdom, a joint venture with Telefónica; Telenet in Belgium; and Sunrise in Switzerland.