Scientech Research LLC Invests $1.39 Million in Liberty Global Ltd. (NASDAQ:LBTYA)

Scientech Research LLC bought a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 79,751 shares of the company's stock, valued at approximately $1,390,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in shares of Liberty Global in the fourth quarter worth about $452,000. Wells Fargo & Company MN lifted its position in Liberty Global by 10.5% in the 4th quarter. Wells Fargo & Company MN now owns 533,309 shares of the company's stock valued at $9,477,000 after acquiring an additional 50,789 shares in the last quarter. Hsbc Holdings PLC lifted its position in Liberty Global by 168.4% in the 4th quarter. Hsbc Holdings PLC now owns 97,621 shares of the company's stock valued at $1,726,000 after acquiring an additional 61,244 shares in the last quarter. Aristides Capital LLC purchased a new stake in Liberty Global during the 4th quarter valued at $398,000. Finally, Oaktree Capital Management LP increased its holdings in shares of Liberty Global by 40.3% in the 4th quarter. Oaktree Capital Management LP now owns 2,731,000 shares of the company's stock worth $48,530,000 after purchasing an additional 785,000 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Bank of America raised shares of Liberty Global from an "underperform" rating to a "neutral" rating and raised their price target for the company from $15.50 to $21.30 in a report on Monday, August 12th. Benchmark reaffirmed a "buy" rating and issued a $27.00 target price on shares of Liberty Global in a research report on Thursday, July 25th. Citigroup started coverage on shares of Liberty Global in a research note on Friday, August 9th. They set a "buy" rating and a $25.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Liberty Global from $33.00 to $34.00 and gave the stock a "buy" rating in a research note on Friday, July 12th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $24.26.

Liberty Global Price Performance

LBTYA stock traded down $0.02 during midday trading on Friday, hitting $21.26. The company's stock had a trading volume of 2,608,243 shares, compared to its average volume of 1,748,397. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of -3.29 and a beta of 1.16. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 12 month low of $15.01 and a 12 month high of $21.56. The company has a 50 day moving average of $19.53 and a two-hundred day moving average of $17.97.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its earnings results on Thursday, July 25th. The company reported $0.71 EPS for the quarter. The company had revenue of $1.87 billion for the quarter. Liberty Global had a negative return on equity of 10.72% and a negative net margin of 27.03%. On average, analysts expect that Liberty Global Ltd. will post -0.61 EPS for the current year.

About Liberty Global

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.