Algert Global LLC Boosts Stock Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Algert Global LLC increased its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 50.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 472,863 shares of the company's stock after buying an additional 157,652 shares during the period. Algert Global LLC owned about 0.13% of Liberty Global worth $6,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in LBTYA. Blue Trust Inc. lifted its position in shares of Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock valued at $38,000 after acquiring an additional 1,081 shares in the last quarter. Spire Wealth Management purchased a new position in Liberty Global in the 4th quarter valued at $59,000. New Age Alpha Advisors LLC acquired a new stake in Liberty Global during the 4th quarter worth $73,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Liberty Global during the fourth quarter worth $123,000. Finally, Yousif Capital Management LLC acquired a new stake in shares of Liberty Global in the fourth quarter valued at about $128,000. Institutional investors and hedge funds own 37.20% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on LBTYA shares. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Sanford C. Bernstein lowered Liberty Global from an "outperform" rating to a "market perform" rating and dropped their price target for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $17.43.

Liberty Global Trading Down 0.5 %

LBTYA opened at $9.59 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The firm has a market cap of $3.34 billion, a P/E ratio of 2.29 and a beta of 1.25. Liberty Global Ltd. has a 52 week low of $9.50 and a 52 week high of $21.56. The business has a fifty day simple moving average of $11.05 and a 200-day simple moving average of $12.83.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.09 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, equities analysts expect that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.