Boothbay Fund Management LLC bought a new stake in Liberty Global Ltd (NASDAQ:LBTYA – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 307,941 shares of the company’s stock, valued at approximately $3,529,000. Boothbay Fund Management LLC owned about 0.09% of Liberty Global as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC boosted its holdings in shares of Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after acquiring an additional 1,238 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of Liberty Global by 207.4% during the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after purchasing an additional 2,012 shares during the last quarter. AlphaCore Capital LLC acquired a new position in Liberty Global during the second quarter valued at $46,000. Headlands Technologies LLC acquired a new position in Liberty Global during the second quarter valued at $47,000. Finally, MAI Capital Management boosted its holdings in Liberty Global by 27.5% in the third quarter. MAI Capital Management now owns 4,559 shares of the company’s stock valued at $52,000 after purchasing an additional 983 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Citigroup lifted their price objective on Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. UBS Group upped their target price on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Liberty Global presently has an average rating of “Hold” and a consensus target price of $14.40.
Liberty Global Trading Down 0.1%
LBTYA stock opened at $12.17 on Tuesday. Liberty Global Ltd has a 52-week low of $9.02 and a 52-week high of $13.52. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The firm has a market cap of $4.08 billion, a P/E ratio of -0.59 and a beta of 1.02. The company’s 50-day simple moving average is $11.54 and its 200-day simple moving average is $11.34.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The company reported ($8.60) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($8.14). The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. As a group, equities analysts forecast that Liberty Global Ltd will post -1.35 EPS for the current fiscal year.
Liberty Global Company Profile
Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.
The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.
See Also
- Five stocks we like better than Liberty Global
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.
