SG Americas Securities LLC Decreases Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

SG Americas Securities LLC cut its stake in Liberty Global Ltd. (NASDAQ:LBTYA) by 56.2% in the third quarter, Holdings Channel.com reports. The firm owned 8,995 shares of the company’s stock after selling 11,519 shares during the quarter. SG Americas Securities LLC’s holdings in Liberty Global were worth $190,000 at the end of the most recent reporting period.

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

Liberty Global Trading Down 0.8 %

Shares of LBTYA stock opened at $20.78 on Thursday. Liberty Global Ltd. has a fifty-two week low of $15.01 and a fifty-two week high of $21.56. The company has a 50 day moving average price of $20.20 and a 200 day moving average price of $18.48. The stock has a market capitalization of $7.75 billion, a P/E ratio of -3.21 and a beta of 1.17. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34.

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

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LBTYA. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Deutsche Bank Aktiengesellschaft lifted their price target 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 began coverage on shares of Liberty Global in a report on Friday, August 9th. They issued a “buy” rating and a $25.00 price objective on the stock. Finally, Benchmark reiterated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a report on Thursday, July 25th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Liberty Global currently has a consensus rating of “Moderate Buy” and a consensus price target 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.