Chou Associates Management Inc. Sells 109,823 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Chou Associates Management Inc. trimmed its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 90.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,000 shares of the company's stock after selling 109,823 shares during the period. Liberty Global accounts for 0.1% of Chou Associates Management Inc.'s investment portfolio, making the stock its 27th biggest position. Chou Associates Management Inc.'s holdings in Liberty Global were worth $153,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. increased its position in shares of 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 last quarter. Spire Wealth Management bought a new position in shares of Liberty Global in the 4th quarter worth $59,000. New Age Alpha Advisors LLC purchased a new stake in shares of Liberty Global during the 4th quarter valued at $73,000. VisionPoint Advisory Group LLC bought a new stake in shares of Liberty Global during the 4th quarter worth $123,000. Finally, Yousif Capital Management LLC purchased a new position in Liberty Global in the fourth quarter worth $128,000. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price target for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $17.43.

Liberty Global Trading Down 0.3 %

NASDAQ LBTYA traded down $0.04 during trading on Friday, hitting $10.54. 604,187 shares of the company's stock traded hands, compared to its average volume of 2,045,262. The stock has a fifty day moving average of $11.28 and a two-hundred day moving average of $14.11. Liberty Global Ltd. has a 12-month low of $9.84 and a 12-month high of $21.56. The firm has a market cap of $3.67 billion, a P/E ratio of 2.51 and a beta of 1.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.92) by $7.25. The company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. As a group, sell-side analysts expect 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.