Todays Report: Today: Bislett Management LLC Buys 38,054 Shares of Liberty LiLAC Group (LILA)

Today: Bislett Management LLC Buys 38,054  Shares of Liberty LiLAC Group (LILA)

Bislett Management LLC acquired a new position in shares of Liberty LiLAC Group (NASDAQ:LILA) during the third quarter, Holdings Channel reports. The fund acquired 38,054 shares of the company’s stock, valued at approximately $1,050,000. Liberty LiLAC Group makes up approximately 0.7% of Bislett Management LLC’s holdings, making the stock its 23rd largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Corsair Capital Management L.P. purchased a new position in Liberty LiLAC Group during the second quarter worth about $467,000. Teacher Retirement System of Texas boosted its position in Liberty LiLAC Group by 979.0% in the second quarter. Teacher Retirement System of Texas now owns 17,189 shares of the company’s stock worth $555,000 after buying an additional 15,596 shares during the period. Gamco Investors INC. ET AL boosted its position in Liberty LiLAC Group by 469.6% in the second quarter. Gamco Investors INC. ET AL now owns 148,555 shares of the company’s stock worth $4,792,000 after buying an additional 122,473 shares during the period. Goldman Sachs Group Inc. boosted its position in Liberty LiLAC Group by 23.3% in the first quarter. Goldman Sachs Group Inc. now owns 66,562 shares of the company’s stock worth $2,334,000 after buying an additional 12,566 shares during the period. Finally, Societe Generale purchased a new position in Liberty LiLAC Group during the second quarter worth about $2,259,000. Institutional investors and hedge funds own 20.65% of the company’s stock.

Liberty LiLAC Group (NASDAQ:LILA) traded down 1.15% during trading on Monday, hitting $22.29. 16,720 shares of the stock were exchanged. The firm’s market cap is $3.88 billion. Liberty LiLAC Group has a 52 week low of $19.10 and a 52 week high of $42.63. The firm’s 50-day moving average is $24.59 and its 200 day moving average is $30.96.

A number of research firms have issued reports on LILA. Barclays PLC lowered their target price on Liberty LiLAC Group from $36.00 to $34.00 and set an “equal weight” rating for the company in a report on Monday, August 8th. Wunderlich lowered their target price on Liberty LiLAC Group from $59.00 to $43.00 and set a “buy” rating for the company in a report on Monday, August 8th. TheStreet cut Liberty LiLAC Group from a “hold” rating to a “sell” rating in a report on Thursday, September 1st. Zacks Investment Research upgraded Liberty LiLAC Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 12th. Finally, RBC Capital Markets reiterated an “outperform” rating and set a $30.00 target price (down previously from $45.00) on shares of Liberty LiLAC Group in a report on Tuesday, November 8th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $34.57.

Related posts

Leave a Comment