Versor Investments LP Boosts Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Versor Investments LP raised its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 97.0% during the fourth quarter, HoldingsChannel reports. The firm owned 52,000 shares of the company’s stock after purchasing an additional 25,600 shares during the period. Versor Investments LP’s holdings in Liberty Global were worth $664,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in LBTYA. Blue Trust Inc. boosted its holdings in shares of Liberty Global by 58.1% in the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after buying an additional 1,081 shares in the last quarter. Spire Wealth Management bought a new stake in shares of Liberty Global in the 4th quarter valued at about $59,000. VisionPoint Advisory Group LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at about $123,000. Yousif Capital Management LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at about $128,000. Finally, Clifford Capital Partners LLC bought a new stake in shares of Liberty Global in the 3rd quarter valued at about $227,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LBTYA. UBS Group cut shares of Liberty Global from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.00 to $13.00 in a report on Monday, November 18th. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. Barclays lowered their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $13.10 to $12.60 in a research note on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of 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 investment analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.75.

Liberty Global Stock Performance

LBTYA opened at $11.56 on Friday. Liberty Global Ltd. has a 12-month low of $10.55 and a 12-month high of $21.56. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $4.13 billion, a PE ratio of 2.76 and a beta of 1.24. The firm has a 50 day moving average of $11.80 and a two-hundred day moving average of $15.90.

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

Insiders Place Their Bets

In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The disclosure for this sale can be found here. 11.51% of the stock is currently owned by insiders.

Liberty Global 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.