Algert Global LLC Buys 157,652 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Algert Global LLC raised its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 50.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 472,863 shares of the company's stock after purchasing an additional 157,652 shares during the period. Algert Global LLC owned 0.13% of Liberty Global worth $6,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Blue Trust Inc. boosted its position in shares of Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after buying an additional 1,081 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Liberty Global by 0.3% during the 4th quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company's stock worth $5,999,000 after acquiring an additional 1,615 shares in the last quarter. Voya Investment Management LLC raised its holdings in shares of Liberty Global by 5.6% in the fourth quarter. Voya Investment Management LLC now owns 64,960 shares of the company's stock valued at $829,000 after purchasing an additional 3,437 shares during the last quarter. Sterling Capital Management LLC lifted its position in shares of Liberty Global by 16.7% in the fourth quarter. Sterling Capital Management LLC now owns 25,321 shares of the company's stock worth $323,000 after purchasing an additional 3,619 shares in the last quarter. Finally, Swiss National Bank grew its position in Liberty Global by 1.2% in the fourth quarter. Swiss National Bank now owns 323,000 shares of the company's stock valued at $4,121,000 after purchasing an additional 3,800 shares in the last quarter. Institutional investors own 37.20% of the company's stock.

Liberty Global Trading Down 0.2 %

Liberty Global stock traded down $0.02 during trading hours on Friday, reaching $9.25. 2,003,198 shares of the company's stock were exchanged, compared to its average volume of 2,074,868. The firm has a market capitalization of $3.20 billion, a PE ratio of 2.21 and a beta of 1.23. 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's 50 day simple moving average is $10.88 and its 200 day simple moving average is $12.56. Liberty Global Ltd. has a twelve month low of $9.19 and a twelve month high of $21.56.

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft lowered their price target on 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 cut Liberty Global from an "outperform" rating to a "market perform" rating and reduced their price target for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Finally, Barclays set a $11.00 price objective on shares of Liberty Global and gave the stock an "equal weight" rating in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $17.29.

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.