Liberty Global Ltd. (NASDAQ:LBTYA) Shares Purchased by Bfsg LLC

Bfsg LLC grew its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 27.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,030 shares of the company’s stock after buying an additional 2,349 shares during the period. Bfsg LLC’s holdings in Liberty Global were worth $192,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. abrdn plc grew its position in Liberty Global by 108.5% in the fourth quarter. abrdn plc now owns 55,051 shares of the company’s stock worth $978,000 after buying an additional 28,647 shares during the last quarter. Simplex Trading LLC lifted its holdings in shares of Liberty Global by 56.6% during the fourth quarter. Simplex Trading LLC now owns 85,200 shares of the company’s stock worth $1,514,000 after buying an additional 30,782 shares during the last quarter. Russell Investments Group Ltd. grew its position in Liberty Global by 144.5% in the 4th quarter. Russell Investments Group Ltd. now owns 114,823 shares of the company’s stock worth $2,028,000 after purchasing an additional 67,863 shares during the last quarter. Wilbanks Smith & Thomas Asset Management LLC bought a new stake in shares of Liberty Global during the fourth quarter valued at approximately $302,000. Finally, ACR Alpine Capital Research LLC acquired a new stake in Liberty Global during the fourth quarter valued at approximately $10,258,000. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Trading Down 0.7 %

Shares of LBTYA stock traded down $0.13 on Thursday, reaching $19.19. The company had a trading volume of 1,706,681 shares, compared to its average volume of 1,748,746. The company has a 50-day moving average of $18.55 and a 200-day moving average of $17.62. Liberty Global Ltd. has a 12 month low of $15.01 and a 12 month high of $20.56. The stock has a market cap of $7.15 billion, a PE ratio of -2.97 and a beta of 1.16. 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 (NASDAQ:LBTYA) last posted its earnings results on Thursday, July 25th. The company reported $0.71 earnings per share for the quarter. The company had revenue of $1.87 billion for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. On average, equities analysts forecast that Liberty Global Ltd. will post -0.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on LBTYA shares. Barclays decreased their price target on Liberty Global from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, May 3rd. Citigroup assumed coverage on Liberty Global in a research report on Friday, August 9th. They issued a “buy” rating and a $25.00 price objective for the company. Benchmark restated a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Finally, Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $15.50 to $21.30 in a research note on Monday, August 12th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Liberty Global has an average rating of “Moderate Buy” and an average target price of $24.26.

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.