305,826 Shares in Liberty Global Ltd. (NASDAQ:LBTYA) Bought by Peak6 LLC

PEAK6 LLC acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 305,826 shares of the company's stock, valued at approximately $3,902,000. PEAK6 LLC owned about 0.09% of Liberty Global at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its holdings in Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after purchasing an additional 1,081 shares during the period. Spire Wealth Management acquired a new position in shares of Liberty Global in the 4th quarter valued at about $59,000. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Global during the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC acquired a new stake in Liberty Global during the fourth quarter worth about $123,000. Finally, Yousif Capital Management LLC bought a new position in Liberty Global in the fourth quarter worth about $128,000. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Price Performance

LBTYA traded up $0.10 on Wednesday, reaching $10.66. The company had a trading volume of 273,654 shares, compared to its average volume of 2,037,943. Liberty Global Ltd. has a one year low of $9.84 and a one year high of $21.56. The company has a market capitalization of $3.72 billion, a P/E ratio of 2.54 and a beta of 1.25. The company has a fifty day moving average of $11.17 and a 200-day moving average of $13.51. 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 - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. As a group, equities research analysts anticipate that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LBTYA. Deutsche Bank Aktiengesellschaft dropped their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Sanford C. Bernstein lowered Liberty Global from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, Liberty Global currently has an average rating of "Hold" and an average 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.