Liberty Global Ltd. (NASDAQ:LBTYA) Short Interest Update

Liberty Global Ltd. (NASDAQ:LBTYA) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totalling 3,860,000 shares, a drop of 20.9% from the August 31st total of 4,880,000 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,750,000 shares, the short-interest ratio is currently 2.2 days.

Liberty Global Stock Down 0.1 %

Shares of LBTYA traded down $0.02 on Friday, reaching $21.26. The company’s stock had a trading volume of 1,036,643 shares, compared to its average volume of 1,748,397. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global has a twelve month low of $15.01 and a twelve month high of $21.56. The stock has a market capitalization of $7.92 billion, a PE ratio of -3.29 and a beta of 1.16. The firm has a fifty day moving average of $19.47 and a 200-day moving average of $17.94.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Thursday, July 25th. The company reported $0.71 earnings per share for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The company had revenue of $1.87 billion for the quarter. Equities analysts predict that Liberty Global will post -0.61 EPS for the current year.

Institutional Investors Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently made changes to their positions in LBTYA. EverSource Wealth Advisors LLC increased its stake in Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after buying an additional 601 shares during the last quarter. nVerses Capital LLC purchased a new stake in Liberty Global in the 2nd quarter valued at about $75,000. Central Pacific Bank Trust Division purchased a new stake in Liberty Global in the 1st quarter valued at about $91,000. Whittier Trust Co. increased its stake in Liberty Global by 21,707.3% in the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock valued at $156,000 after buying an additional 8,900 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Liberty Global by 4,512.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after buying an additional 8,754 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on LBTYA shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Citigroup initiated coverage on shares of Liberty Global in a report on Friday, August 9th. They set a “buy” rating and a $25.00 price target on the stock. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Benchmark reiterated a “buy” rating and set a $27.00 price target on shares of Liberty Global in a report on Thursday, July 25th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.26.

About Liberty Global

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.