Janney Montgomery Scott LLC Acquires New Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Janney Montgomery Scott LLC acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYAFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,412 shares of the company’s stock, valued at approximately $452,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bfsg LLC acquired a new stake in Liberty Global in the fourth quarter worth about $106,000. Anchor Investment Management LLC acquired a new stake in Liberty Global in the fourth quarter worth about $141,000. Corton Capital Inc. acquired a new stake in Liberty Global in the third quarter worth about $246,000. Wilbanks Smith & Thomas Asset Management LLC acquired a new stake in Liberty Global in the fourth quarter worth about $302,000. Finally, Nomura Holdings Inc. acquired a new stake in Liberty Global in the third quarter worth about $342,000. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Up 3.6 %

Shares of LBTYA stock opened at $18.02 on Thursday. The stock has a 50 day moving average of $16.71 and a 200 day moving average of $17.33. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.80. The stock has a market cap of $6.72 billion, a P/E ratio of -2.79 and a beta of 1.17. Liberty Global Ltd. has a twelve month low of $15.01 and a twelve month high of $20.56.

Liberty Global (NASDAQ:LBTYAGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share for the quarter. The company had revenue of $1.95 billion during the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%. During the same quarter in the prior year, the business posted ($1.59) earnings per share. As a group, sell-side analysts expect that Liberty Global Ltd. will post -0.61 EPS for the current year.

Analysts Set New Price Targets

LBTYA has been the subject of several recent analyst reports. Barclays lowered their price target on Liberty Global from $22.00 to $20.00 and set an “equal weight” rating for the company in a report on Friday, May 3rd. New Street Research restated a “neutral” rating on shares of Liberty Global in a research note on Wednesday, February 28th. Citigroup upgraded Liberty Global from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $20.00 to $24.00 in a research note on Friday, February 9th. Benchmark restated a “buy” rating and issued a $33.00 price objective on shares of Liberty Global in a research note on Thursday, May 2nd. Finally, Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating in a research note on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Liberty Global presently has a consensus rating of “Hold” and an average target price of $24.25.

Get Our Latest Stock Report on Liberty Global

Insider Activity

In other news, EVP Andrea Salvato sold 32,403 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares in the company, valued at $1,810,462.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction that occurred 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 sale, the director now directly owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Andrea Salvato sold 32,403 shares of Liberty Global stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares in the company, valued at $1,810,462.20. The disclosure for this sale can be found here. Insiders sold 102,403 shares of company stock worth $1,830,233 over the last three months. 11.51% of the stock is currently owned by corporate insiders.

Liberty Global Profile

(Free Report)

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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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYA)

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