Diametric Capital LP Acquires 27,732 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Diametric Capital LP increased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 61.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,880 shares of the company's stock after purchasing an additional 27,732 shares during the period. Diametric Capital LP's holdings in Liberty Global were worth $930,000 at the end of the most recent reporting period.

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

Liberty Global Trading Down 6.5 %

Shares of NASDAQ LBTYA traded down $0.72 during trading hours on Friday, hitting $10.30. 3,249,138 shares of the company traded hands, compared to its average volume of 2,037,307. The company's 50 day moving average price is $11.43 and its 200 day moving average price is $14.50. Liberty Global Ltd. has a 12 month low of $10.22 and a 12 month high of $21.56. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 2.46 and a beta of 1.27. 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 posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating analysts' consensus estimates of ($0.92) by $7.25. The business 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%. On average, equities research analysts anticipate that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Bank of America cut Liberty Global from a "neutral" rating to an "underperform" rating and reduced their target price for the stock from $13.10 to $12.60 in a report on Friday, December 6th. 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. Finally, Sanford C. Bernstein lowered shares of Liberty Global from an "outperform" rating to a "market perform" rating and cut their target price for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. 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. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $17.43.

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.