Natixis Buys New Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Natixis bought a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 259,135 shares of the company's stock, valued at approximately $3,307,000. Natixis owned approximately 0.07% of Liberty Global as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Blue Trust Inc. grew its stake in shares of Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after acquiring an additional 1,081 shares during the last quarter. Spire Wealth Management purchased a new position in shares of Liberty Global in the fourth quarter worth $59,000. New Age Alpha Advisors LLC acquired a new stake in shares of Liberty Global during the fourth quarter worth $73,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Liberty Global during the fourth quarter valued at $123,000. Finally, Yousif Capital Management LLC acquired a new position in shares of Liberty Global in the 4th quarter valued at $128,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Price Performance

Shares of NASDAQ LBTYA traded up $0.11 during midday trading on Friday, hitting $10.88. The stock had a trading volume of 1,282,367 shares, compared to its average volume of 2,034,314. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 1 year low of $9.84 and a 1 year high of $21.56. The company has a market capitalization of $3.79 billion, a PE ratio of 2.60 and a beta of 1.25. The stock has a 50 day simple moving average of $11.16 and a 200-day simple moving average of $13.43.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating 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 business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. On average, sell-side analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and dropped their price target for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. 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 report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $17.43.

About Liberty Global

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.