VisionPoint Advisory Group LLC acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,379 shares of the company’s stock, valued at approximately $123,000.
Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in shares of Liberty Global by 58.1% during 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 bought a new position in Liberty Global in the 4th quarter valued at approximately $59,000. Yousif Capital Management LLC purchased a new stake in Liberty Global during the 4th quarter valued at $128,000. Clifford Capital Partners LLC purchased a new stake in Liberty Global during the 3rd quarter valued at $227,000. Finally, DekaBank Deutsche Girozentrale increased its holdings in shares of Liberty Global by 62.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock worth $227,000 after purchasing an additional 4,142 shares in the last quarter. 37.20% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
LBTYA has been the topic of a number of research analyst reports. Benchmark reaffirmed a “buy” rating and set a $27.00 price target on shares of Liberty Global in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Barclays reduced their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and cut their target price for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Liberty Global presently has an average rating of “Hold” and an average price target of $17.75.
Insider Buying and Selling at Liberty Global
In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the transaction, the insider now owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.51% of the stock is currently owned by corporate insiders.
Liberty Global Stock Performance
Shares of NASDAQ LBTYA opened at $11.37 on Friday. Liberty Global Ltd. has a 12-month low of $10.55 and a 12-month high of $21.56. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 2.71 and a beta of 1.24. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The firm has a 50 day moving average of $11.93 and a 200 day moving average of $16.20.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.92) by $7.25. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, research analysts anticipate that Liberty Global Ltd. will post -1.35 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.
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