Simplex Trading LLC Cuts Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Simplex Trading LLC lowered its stake in Liberty Global Ltd. (NASDAQ:LBTYA) by 43.8% during the 4th quarter, Holdings Channel reports. The firm owned 123,139 shares of the company’s stock after selling 96,150 shares during the quarter. Simplex Trading LLC’s holdings in Liberty Global were worth $1,571,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Stifel Financial Corp grew its position in Liberty Global by 8.2% in the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock worth $268,000 after acquiring an additional 968 shares in the last quarter. Blue Trust Inc. grew its holdings in Liberty Global by 58.1% during the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after purchasing an additional 1,081 shares during the last quarter. Bank of New York Mellon Corp raised its position in Liberty Global by 0.3% in the 4th quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company’s stock worth $5,999,000 after purchasing an additional 1,615 shares during the period. Vinva Investment Management Ltd lifted its stake in Liberty Global by 35.7% in the third quarter. Vinva Investment Management Ltd now owns 14,299 shares of the company’s stock worth $302,000 after purchasing an additional 3,759 shares during the last quarter. Finally, Swiss National Bank lifted its stake in shares of Liberty Global by 1.2% during the 4th quarter. Swiss National Bank now owns 323,000 shares of the company’s stock worth $4,121,000 after acquiring an additional 3,800 shares during the last quarter. Institutional investors own 37.20% of the company’s stock.

Wall Street Analysts Forecast Growth

LBTYA has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and cut their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Finally, Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.43.

Liberty Global Price Performance

Shares of LBTYA stock opened at $11.50 on Friday. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 2.74 and a beta of 1.27. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The stock’s 50-day simple moving average is $11.49 and its 200-day simple moving average is $14.84. Liberty Global Ltd. has a fifty-two week low of $10.55 and a fifty-two week high of $21.56.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.92) by $7.25. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. As a group, equities analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

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.