Maven Securities LTD Purchases Shares of 48,600 Liberty Global Ltd. (NASDAQ:LBTYA)

Maven Securities LTD acquired a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 48,600 shares of the company’s stock, valued at approximately $620,000.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. raised its stake 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 period. Spire Wealth Management purchased a new stake in Liberty Global in the 4th quarter worth about $59,000. New Age Alpha Advisors LLC acquired a new stake in Liberty Global during the 4th quarter worth about $73,000. VisionPoint Advisory Group LLC purchased a new position in Liberty Global during the 4th quarter valued at about $123,000. Finally, Hunting Hill Global Capital LLC purchased a new position in Liberty Global during the 4th quarter valued at about $128,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on LBTYA. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Barclays set a $11.00 price target on shares of Liberty Global and gave the company an “equal weight” rating in a report on Tuesday, May 6th. UBS Group reduced their price objective on Liberty Global from $13.00 to $10.60 and set a “neutral” rating for the company in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $16.94.

Liberty Global Trading Down 1.6%

Liberty Global stock opened at $9.08 on Wednesday. The firm has a market capitalization of $3.14 billion, a PE ratio of 2.17 and a beta of 1.23. The business’s 50-day simple moving average is $10.79 and its 200-day simple moving average is $12.40. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. Liberty Global Ltd. has a 52 week low of $9.01 and a 52 week high of $21.56.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.09 billion. Equities research analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current 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.