Versor Investments LP Acquires New Shares in Liberty Global Ltd. (NASDAQ:LBTYA)

Versor Investments LP acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 55,600 shares of the company’s stock, valued at approximately $969,000.

Other institutional investors also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new position in Liberty Global during the 2nd quarter worth $75,000. Central Pacific Bank Trust Division acquired a new position in Liberty Global during the 1st quarter worth $91,000. Bfsg LLC boosted its position in Liberty Global by 45.5% during the 1st quarter. Bfsg LLC now owns 8,681 shares of the company’s stock worth $147,000 after acquiring an additional 2,715 shares during the period. Whittier Trust Co. boosted its position in Liberty Global by 21,707.3% during the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock worth $156,000 after acquiring an additional 8,900 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Liberty Global by 4,512.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock worth $156,000 after acquiring an additional 8,754 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on LBTYA shares. Citigroup started coverage on Liberty Global in a research report on Friday, August 9th. They set a “buy” rating and a $25.00 price target for the company. Deutsche Bank Aktiengesellschaft upped their price objective on Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a report on Friday, July 12th. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and upped their price objective for the company from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Benchmark restated a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a report on Thursday, July 25th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.26.

Liberty Global Stock Up 0.8 %

Shares of Liberty Global stock opened at $19.35 on Tuesday. The stock’s fifty day moving average is $18.67 and its 200-day moving average is $17.62. The firm has a market capitalization of $7.21 billion, a PE ratio of -2.99 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 $20.56.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Thursday, July 25th. The company reported $0.71 earnings per share (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%. Equities analysts anticipate that Liberty Global Ltd. will post -0.61 earnings per share for the current year.

Liberty Global 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.