Jefferies Financial Group Inc. Purchases Shares of 489,500 Liberty Global Ltd. (NASDAQ:LBTYA)

Jefferies Financial Group Inc. purchased a new stake in Liberty Global Ltd. (NASDAQ:LBTYA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 489,500 shares of the company’s stock, valued at approximately $6,246,000. Jefferies Financial Group Inc. owned 0.14% of Liberty Global at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LBTYA. Blue Trust Inc. lifted its stake in shares of Liberty Global by 58.1% in the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after purchasing an additional 1,081 shares in the last quarter. Spire Wealth Management acquired a new position in shares of Liberty Global in the 4th quarter valued at about $59,000. New Age Alpha Advisors LLC acquired a new position in shares of Liberty Global in the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC acquired a new position in shares of Liberty Global in the 4th quarter valued at about $123,000. Finally, Yousif Capital Management LLC acquired a new position in shares of Liberty Global in the 4th quarter valued at about $128,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analysts Set New Price Targets

LBTYA has been the topic of several research analyst reports. Barclays set a $11.00 price objective on Liberty Global and gave the company an “equal weight” rating in a research note on Tuesday, May 6th. Sanford C. Bernstein lowered Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Liberty Global currently has a consensus rating of “Hold” and a consensus price target of $17.29.

Liberty Global Stock Performance

Shares of LBTYA opened at $9.25 on Monday. The business’s 50 day moving average is $10.88 and its two-hundred day moving average is $12.51. Liberty Global Ltd. has a 52-week low of $9.19 and a 52-week high of $21.56. The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 2.21 and a beta of 1.23. 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 (NASDAQ:LBTYA) last announced its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.09 billion. Analysts forecast 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.