Central Pacific Bank Trust Division Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

Central Pacific Bank Trust Division bought a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYAFree Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,500 shares of the company’s stock, valued at approximately $91,000.

A number of other large investors have also recently modified their holdings of the stock. Bfsg LLC purchased a new position in shares of Liberty Global during the fourth quarter valued at approximately $106,000. Anchor Investment Management LLC purchased a new position in shares of Liberty Global during the fourth quarter valued at approximately $141,000. Tevis Investment Management purchased a new position in shares of Liberty Global during the first quarter valued at approximately $180,000. Wilbanks Smith & Thomas Asset Management LLC purchased a new position in shares of Liberty Global during the fourth quarter valued at approximately $302,000. Finally, BNP Paribas Financial Markets purchased a new position in shares of Liberty Global during the first quarter valued at approximately $311,000. Institutional investors own 37.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on LBTYA. Benchmark cut their target price on shares of Liberty Global from $30.00 to $27.00 and set a “buy” rating for the company in a research report on Monday. Barclays reduced their target price on shares of Liberty Global from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, May 3rd. Finally, HSBC downgraded shares of Liberty Global from a “buy” rating to a “hold” rating and reduced their price target for the stock from $26.00 to $20.00 in a research note on Monday, March 18th. One equities 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 company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $22.70.

View Our Latest Stock Analysis on LBTYA

Insider Buying and Selling at Liberty Global

In other Liberty Global news, Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction dated 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 in the company, valued at approximately $2,769,615.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.51% of the stock is owned by corporate insiders.

Liberty Global Trading Down 0.1 %

Shares of LBTYA opened at $18.17 on Thursday. The firm has a 50-day moving average price of $17.20 and a 200 day moving average price of $17.58. Liberty Global Ltd. has a 12-month low of $15.01 and a 12-month high of $20.56. 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 firm has a market capitalization of $6.77 billion, a P/E ratio of -2.81 and a beta of 1.16.

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

About Liberty Global

(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.

See Also

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

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