Private Advisor Group LLC Raises Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Private Advisor Group LLC increased its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 62.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,040 shares of the company’s stock after acquiring an additional 6,927 shares during the quarter. Private Advisor Group LLC’s holdings in Liberty Global were worth $230,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares in the last quarter. Spire Wealth Management acquired a new position in Liberty Global in the 4th quarter worth approximately $59,000. Yousif Capital Management LLC purchased a new stake in Liberty Global in the 4th quarter worth approximately $128,000. Clifford Capital Partners LLC purchased a new stake in Liberty Global in the 3rd quarter worth approximately $227,000. Finally, Stifel Financial Corp boosted its position in Liberty Global by 8.2% in the 3rd quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock worth $268,000 after purchasing an additional 968 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the company’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the transaction, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.51% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on LBTYA shares. Barclays decreased their target price on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th. UBS Group downgraded 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 note on Monday, November 18th. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. Deutsche Bank Aktiengesellschaft lowered their target price on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Finally, Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $17.75.

Liberty Global Price Performance

LBTYA stock opened at $11.52 on Friday. The business has a 50 day moving average price of $11.72 and a 200 day moving average price of $15.70. The stock has a market cap of $4.02 billion, a price-to-earnings ratio of 2.75 and a beta of 1.24. Liberty Global Ltd. has a fifty-two week low of $10.55 and a fifty-two week high of $21.56. 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 released its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.92) by $7.25. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. Equities research analysts anticipate that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal 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.