Geode Capital Management LLC Has $28.50 Million Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Geode Capital Management LLC decreased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,232,850 shares of the company’s stock after selling 30,060 shares during the quarter. Geode Capital Management LLC’s holdings in Liberty Global were worth $28,497,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. ACR Alpine Capital Research LLC increased its position in shares of Liberty Global by 333.3% in the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company’s stock valued at $221,730,000 after buying an additional 13,366,743 shares in the last quarter. Norges Bank acquired a new position in shares of Liberty Global in the 4th quarter valued at approximately $48,381,000. Vanguard Group Inc. raised its holdings in Liberty Global by 55.3% during the 4th quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company’s stock worth $66,865,000 after buying an additional 1,866,197 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Liberty Global by 65.4% in the fourth quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company’s stock valued at $33,938,000 after buying an additional 1,051,458 shares during the period. Finally, American Century Companies Inc. bought a new stake in shares of Liberty Global during the fourth quarter worth $9,403,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reduced their target price 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. Sanford C. Bernstein cut 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 equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $17.43.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA opened at $10.63 on Friday. The stock has a 50 day moving average of $11.21 and a 200-day moving average of $13.79. Liberty Global Ltd. has a 12 month low of $9.84 and a 12 month high of $21.56. The company has a market capitalization of $3.71 billion, a P/E ratio of 2.54 and a beta of 1.25. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.84 billion. As a group, equities research analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current year.

Liberty Global Company 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.