Atria Wealth Solutions Inc. bought a new position in shares of Liberty Global Ltd (NASDAQ:LBTYA – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 12,600 shares of the company’s stock, valued at approximately $145,000.
A number of other institutional investors have also recently added to or reduced their stakes in the business. CWM LLC boosted its stake in shares of Liberty Global by 81.5% in the 1st quarter. CWM LLC now owns 2,285 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares during the last quarter. Versant Capital Management Inc bought a new stake in shares of Liberty Global in the 1st quarter valued at $50,000. Friedenthal Financial bought a new stake in shares of Liberty Global in the 1st quarter valued at $78,000. GAMMA Investing LLC boosted its stake in shares of Liberty Global by 2,370.7% in the 1st quarter. GAMMA Investing LLC now owns 6,745 shares of the company’s stock valued at $78,000 after purchasing an additional 6,472 shares during the last quarter. Finally, Hunting Hill Global Capital LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at $128,000. 37.20% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on LBTYA shares. Berenberg Bank raised shares of Liberty Global to a “hold” rating in a research note on Thursday, June 26th. UBS Group increased their target price on shares of Liberty Global from $10.60 to $11.80 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Barclays set a $11.00 price objective on shares of Liberty Global and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. Citigroup lowered their price objective on shares of Liberty Global from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Wednesday, May 28th. Finally, Benchmark restated a “buy” rating and set a $21.00 price objective (up previously from $18.00) on shares of Liberty Global in a report on Monday, August 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.26.
Liberty Global Price Performance
LBTYA stock opened at $11.53 on Monday. The firm has a 50 day moving average of $10.19 and a 200-day moving average of $10.53. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global Ltd has a 12 month low of $9.02 and a 12 month high of $21.56. The firm has a market capitalization of $3.93 billion, a P/E ratio of -1.18 and a beta of 1.13.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported ($8.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($7.54). The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.20 billion. Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. As a group, sell-side analysts predict that Liberty Global Ltd will post -1.35 earnings per share for the current fiscal 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.
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