Counterpoint Mutual Funds LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 22,676 shares of the company's stock, valued at approximately $289,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. grew 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 valued at $38,000 after purchasing an additional 1,081 shares during the period. Spire Wealth Management purchased a new stake in Liberty Global in the fourth quarter valued at approximately $59,000. VisionPoint Advisory Group LLC purchased a new stake in Liberty Global in the fourth quarter valued at approximately $123,000. Yousif Capital Management LLC purchased a new stake in Liberty Global in the fourth quarter valued at approximately $128,000. Finally, Clifford Capital Partners LLC purchased a new stake in Liberty Global in the third quarter valued at approximately $227,000. 37.20% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on LBTYA. Deutsche Bank Aktiengesellschaft lowered 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. Bank of America cut shares of Liberty Global from a "neutral" rating to an "underperform" rating and reduced their price target for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Sanford C. Bernstein cut shares of Liberty Global from an "outperform" rating to a "market perform" rating and reduced their price target for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Barclays reduced their price target on shares of Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Monday, November 25th. One research 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. Based on data from MarketBeat.com, Liberty Global presently has an average rating of "Hold" and a consensus price target of $17.43.
Read Our Latest Stock Report on Liberty Global
Liberty Global Trading Down 0.9 %
LBTYA opened at $11.75 on Wednesday. The stock has a market capitalization of $4.10 billion, a PE ratio of 2.80 and a beta of 1.27. The firm's fifty day moving average price is $11.53 and its 200 day moving average price is $15.23. 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 Ltd. has a 12-month low of $10.55 and a 12-month high of $21.56.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.92) by $7.25. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. As a group, research analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.
Insider Buying and Selling at Liberty Global
In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business's stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.51% of the stock is owned by insiders.
Liberty Global Company Profile
(
Free Report)
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.
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