Shareholder Stockbridge Partners Has Boosted Liberty Global Plc (LBTYK) Stake; As Belmond LTD Class A (BEL) Share Price Declined, Southeastern Asset Management Increased Holding by $17.01 Million

April 20, 2018 - By Darrin Black

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Sharlyn C. Heslam increased its stake in Liberty Global Plc (LBTYK) by 143.11% based on its latest 2017Q4 regulatory filing with the SEC. Stockbridge Partners Llc bought 2.44M shares as the company’s stock declined 7.44% with the market. The hedge fund run by Sharlyn C. Heslam held 4.15 million shares of the television services company at the end of 2017Q4, valued at $140.29M, up from 1.71M at the end of the previous reported quarter. Stockbridge Partners Llc who had been investing in Liberty Global Plc for a number of months, seems to be bullish on the $25.12 billion market cap company. The stock decreased 0.45% or $0.14 during the last trading session, reaching $30.73. About 485,505 shares traded. Liberty Global plc (NASDAQ:LBTYK) has declined 10.09% since April 20, 2017 and is downtrending. It has underperformed by 21.64% the S&P500.

Mason Hawkins increased its stake in Belmond Ltd Class A (BEL) by 41.25% based on its latest 2017Q4 regulatory filing with the SEC. Southeastern Asset Management Inc bought 1.42 million shares as the company’s stock declined 7.76% with the market. The hedge fund run by Mason Hawkins held 4.85M shares of the hotels and resorts company at the end of 2017Q4, valued at $59.46 million, up from 3.44M at the end of the previous reported quarter. Southeastern Asset Management Inc who had been investing in Belmond Ltd Class A for a number of months, seems to be bullish on the $1.13 billion market cap company. The stock decreased 0.45% or $0.05 during the last trading session, reaching $11.05. About 71,221 shares traded. Belmond Ltd. (NYSE:BEL) has declined 6.22% since April 20, 2017 and is downtrending. It has underperformed by 17.77% the S&P500.

Stockbridge Partners Llc, which manages about $1.82B and $2.13 billion US Long portfolio, decreased its stake in Sba Communications Corp New by 57,464 shares to 1.09 million shares, valued at $178.60 million in 2017Q4, according to the filing. It also reduced its holding in Liberty Global Plc (NASDAQ:LBTYA) by 34,576 shares in the quarter, leaving it with 660,424 shares, and cut its stake in Liberty Media Corp Delaware.

Southeastern Asset Management Inc, which manages about $35.07B and $8.08B US Long portfolio, decreased its stake in Cnh Industrial Nv (NYSE:CNHI) by 3.57M shares to 11.93 million shares, valued at $159.85 million in 2017Q4, according to the filing. It also reduced its holding in United Technologies Corporatio (NYSE:UTX) by 538,741 shares in the quarter, leaving it with 4.32M shares, and cut its stake in Chesapeake Energy Corporation (NYSE:CHK).

Among 6 analysts covering Belmond (NYSE:BEL), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Belmond had 17 analyst reports since September 3, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Friday, February 26 by Telsey Advisory Group. The firm has “Market Perform” rating given on Friday, May 6 by Telsey Advisory Group. Barclays Capital maintained it with “Overweight” rating and $15 target in Thursday, August 10 report. The stock of Belmond Ltd. (NYSE:BEL) has “Sell” rating given on Thursday, January 14 by M Partners. Barclays Capital maintained it with “Overweight” rating and $13 target in Wednesday, March 9 report. The stock of Belmond Ltd. (NYSE:BEL) has “Outperform” rating given on Tuesday, June 6 by Telsey Advisory Group. As per Thursday, August 4, the company rating was upgraded by M Partners. Zacks downgraded Belmond Ltd. (NYSE:BEL) on Thursday, September 3 to “Hold” rating. The rating was maintained by Deutsche Bank with “Buy” on Friday, August 5. The firm earned “Hold” rating on Monday, August 7 by Deutsche Bank.

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