Sequoia Financial Advisors LLC Invests $433,000 in Liberty Global Ltd. (NASDAQ:LBTYA)

Sequoia Financial Advisors LLC purchased a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 20,529 shares of the company’s stock, valued at approximately $433,000.

Several other hedge funds have also recently bought and sold shares of LBTYA. Dimensional Fund Advisors LP boosted its stake in shares of Liberty Global by 212.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company’s stock valued at $57,336,000 after buying an additional 2,236,696 shares during the period. ACR Alpine Capital Research LLC boosted its stake in shares of Liberty Global by 375.4% during the 1st quarter. ACR Alpine Capital Research LLC now owns 2,744,184 shares of the company’s stock worth $46,432,000 after acquiring an additional 2,166,932 shares in the last quarter. Rubric Capital Management LP increased its holdings in shares of Liberty Global by 43.7% during the 2nd quarter. Rubric Capital Management LP now owns 5,526,107 shares of the company’s stock valued at $96,320,000 after acquiring an additional 1,680,756 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Liberty Global by 677.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 450,017 shares of the company’s stock valued at $7,844,000 after acquiring an additional 392,129 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in Liberty Global by 32.8% in the 1st quarter. Gamco Investors INC. ET AL now owns 1,222,428 shares of the company’s stock worth $20,683,000 after purchasing an additional 301,639 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Liberty Global stock opened at $20.80 on Monday. Liberty Global Ltd. has a 12-month low of $15.01 and a 12-month high of $21.56. The stock has a 50-day simple moving average of $20.29 and a 200 day simple moving average of $18.54. The stock has a market capitalization of $7.75 billion, a price-to-earnings ratio of -3.21 and a beta of 1.17. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.80.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.71 earnings per share for the quarter. Liberty Global had a negative return on equity of 10.72% and a negative net margin of 27.03%. The firm had revenue of $1.87 billion during the quarter. On average, research analysts anticipate that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Analyst Ratings Changes

LBTYA has been the topic of several recent analyst reports. Benchmark reiterated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a report on Thursday, July 25th. Bank of America raised Liberty Global from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Citigroup started coverage on Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.