Wedbush Securities Inc. boosted its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 168.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,336 shares of the company's stock after purchasing an additional 26,589 shares during the quarter. Wedbush Securities Inc.'s holdings in Liberty Global were worth $540,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the business. Stifel Financial Corp increased its position in shares of Liberty Global by 8.2% during the third quarter. Stifel Financial Corp now owns 12,717 shares of the company's stock worth $268,000 after purchasing an additional 968 shares in the last quarter. Blue Trust Inc. raised 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 valued at $38,000 after buying an additional 1,081 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Liberty Global by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company's stock worth $5,999,000 after buying an additional 1,615 shares in the last quarter. Swiss National Bank boosted its position in Liberty Global by 1.2% during the fourth quarter. Swiss National Bank now owns 323,000 shares of the company's stock worth $4,121,000 after acquiring an additional 3,800 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in Liberty Global by 13.1% during the 4th quarter. Empowered Funds LLC now owns 34,177 shares of the company's stock valued at $436,000 after acquiring an additional 3,970 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.
Liberty Global Trading Up 0.7 %
Shares of LBTYA traded up $0.07 during midday trading on Monday, hitting $10.58. 154,955 shares of the stock were exchanged, compared to its average volume of 2,052,441. Liberty Global Ltd. has a 52-week low of $9.84 and a 52-week high of $21.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The stock has a fifty day simple moving average of $11.26 and a 200 day simple moving average of $13.98. The firm has a market cap of $3.69 billion, a P/E ratio of 2.53 and a beta of 1.25.
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, beating the consensus estimate of ($0.92) by $7.25. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. On average, research analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Sanford C. Bernstein cut shares of 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 dropped their price target on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. One investment 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, the stock has an average rating of "Hold" and a consensus price target of $17.43.
Get Our Latest Research Report on LBTYA
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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