Handelsbanken Fonder AB acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 63,600 shares of the company's stock, valued at approximately $812,000.
Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. grew its position in Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company's stock worth $39,000 after acquiring an additional 975 shares during the last quarter. Spire Wealth Management bought a new stake in shares of Liberty Global during the fourth quarter valued at approximately $59,000. Yousif Capital Management LLC acquired a new stake in shares of Liberty Global in the fourth quarter valued at approximately $128,000. Clifford Capital Partners LLC acquired a new position in Liberty Global during the 3rd quarter worth $227,000. Finally, DekaBank Deutsche Girozentrale lifted its holdings in Liberty Global by 62.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company's stock worth $227,000 after buying an additional 4,142 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company's stock.
Liberty Global Stock Down 1.7 %
Shares of LBTYA traded down $0.20 on Tuesday, hitting $11.38. The company's stock had a trading volume of 908,143 shares, compared to its average volume of 2,073,408. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 2.71 and a beta of 1.24. The firm's fifty day moving average price is $11.78 and its 200-day moving average price is $15.81. Liberty Global Ltd. has a fifty-two week low of $10.55 and a fifty-two week high of $21.56.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping analysts' consensus estimates of ($0.92) by $7.25. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, equities research analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current year.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on LBTYA. Sanford C. Bernstein lowered shares of Liberty Global from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Barclays lowered their target price on shares of Liberty Global from $20.00 to $12.00 and set an "equal weight" rating for the company in a report on Monday, November 25th. Deutsche Bank Aktiengesellschaft decreased their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. UBS Group lowered Liberty Global from a "buy" rating to a "neutral" rating and cut their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Bank of America cut Liberty Global from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Liberty Global presently has an average rating of "Hold" and a consensus price target of $17.75.
Check Out Our Latest Report on LBTYA
Insider Activity
In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction dated 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 transaction, the insider now directly owns 16,153 shares in the company, valued at $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 11.51% of the company's stock.
About Liberty Global
(
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.
Read More
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
