Liberty Global Ltd. (NASDAQ:LBTYA) Shares Acquired by abrdn plc

abrdn plc grew its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 108.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,051 shares of the company’s stock after acquiring an additional 28,647 shares during the period. abrdn plc’s holdings in Liberty Global were worth $978,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in Liberty Global by 4.2% during the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 25,000 shares of the company’s stock worth $428,000 after buying an additional 1,000 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Liberty Global by 148.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company’s stock worth $39,000 after purchasing an additional 1,357 shares during the last quarter. Pathstone Family Office LLC lifted its stake in Liberty Global by 21.0% in the 3rd quarter. Pathstone Family Office LLC now owns 43,548 shares of the company’s stock worth $746,000 after purchasing an additional 7,565 shares in the last quarter. Anchor Investment Management LLC purchased a new position in Liberty Global during the fourth quarter worth approximately $141,000. Finally, S&CO Inc. boosted its holdings in Liberty Global by 3.6% in the 3rd quarter. S&CO Inc. now owns 264,447 shares of the company’s stock valued at $4,527,000 after purchasing an additional 9,185 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Liberty Global

In other Liberty Global news, Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the sale, the director now owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the sale, the director now owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Jason Waldron sold 11,226 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the completion of the transaction, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The disclosure for this sale can be found here. In the last three months, insiders sold 113,629 shares of company stock valued at $2,046,783. Corporate insiders own 11.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. New Street Research restated a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th. UBS Group cut their target price on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating on the stock in a research note on Monday, February 26th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating in a research report on Friday, February 23rd. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a report on Thursday, January 25th. Finally, Citigroup upgraded shares of Liberty Global from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $20.00 to $24.00 in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $24.75.

Liberty Global Stock Down 0.4 %

LBTYA opened at $16.28 on Tuesday. Liberty Global Ltd. has a 52 week low of $15.01 and a 52 week high of $20.56. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The business has a 50 day moving average price of $17.04 and a two-hundred day moving average price of $17.20. The company has a market cap of $6.15 billion, a PE ratio of -1.74 and a beta of 1.18.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($7.88). Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. As a group, research analysts anticipate that Liberty Global Ltd. will post -0.61 EPS for the current 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.