Mirabella Financial Services LLP Sells 2,093,665 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Mirabella Financial Services LLP cut its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 99.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,000 shares of the company's stock after selling 2,093,665 shares during the period. Mirabella Financial Services LLP's holdings in Liberty Global were worth $255,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. raised its holdings in Liberty Global by 58.1% during the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after buying an additional 1,081 shares during the period. Spire Wealth Management bought a new stake in Liberty Global in the 4th quarter valued at $59,000. New Age Alpha Advisors LLC acquired a new position in Liberty Global in the 4th quarter worth $73,000. VisionPoint Advisory Group LLC bought a new position in Liberty Global during the 4th quarter worth about $123,000. Finally, Yousif Capital Management LLC acquired a new stake in shares of Liberty Global in the 4th quarter valued at about $128,000. 37.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LBTYA has been the subject of several recent research reports. Sanford C. Bernstein cut Liberty Global from an "outperform" rating to a "market perform" rating and reduced their price objective for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Liberty Global currently has an average rating of "Hold" and an average price target of $17.43.

Liberty Global Stock Up 1.0 %

LBTYA traded up $0.11 on Friday, hitting $10.88. 1,282,367 shares of the company were exchanged, compared to its average volume of 2,034,901. The stock's fifty day moving average is $11.16 and its 200-day moving average is $13.36. Liberty Global Ltd. has a 12 month low of $9.84 and a 12 month 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 company has a market cap of $3.79 billion, a PE ratio of 2.60 and a beta of 1.25.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.84 billion. Equities research analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

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.