Altrinsic Global Advisors LLC Lowers Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Altrinsic Global Advisors LLC lessened its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 59.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,212,284 shares of the company's stock after selling 3,294,159 shares during the period. Liberty Global accounts for approximately 1.4% of Altrinsic Global Advisors LLC's investment portfolio, making the stock its 17th biggest position. Altrinsic Global Advisors LLC owned approximately 0.62% of Liberty Global worth $28,229,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. 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. Spire Wealth Management purchased a new stake in Liberty Global during the 4th quarter valued at about $59,000. New Age Alpha Advisors LLC acquired a new stake in Liberty Global in the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC purchased a new position in Liberty Global in the 4th quarter worth approximately $123,000. Finally, Yousif Capital Management LLC acquired a new position in shares of Liberty Global during the 4th quarter worth approximately $128,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Trading Up 1.0 %

NASDAQ:LBTYA traded up $0.11 on Friday, reaching $10.88. The company's stock had a trading volume of 1,282,367 shares, compared to its average volume of 2,034,901. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 2.60 and a beta of 1.25. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 12-month low of $9.84 and a 12-month high of $21.56. The stock has a 50 day moving average price of $11.16 and a 200 day moving average price of $13.36.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating analysts' consensus estimates of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.84 billion. On average, equities analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LBTYA has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. 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. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average 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.