CreativeOne Wealth LLC Buys New Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

CreativeOne Wealth LLC acquired a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 54,419 shares of the company's stock, valued at approximately $694,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LBTYA. Barclays PLC grew its stake in Liberty Global by 93.2% during the fourth quarter. Barclays PLC now owns 958,564 shares of the company's stock worth $12,229,000 after buying an additional 462,519 shares in the last quarter. Sterling Capital Management LLC increased its holdings in Liberty Global by 16.7% in the fourth quarter. Sterling Capital Management LLC now owns 25,321 shares of the company's stock valued at $323,000 after purchasing an additional 3,619 shares during the period. Raymond James Financial Inc. bought a new stake in Liberty Global during the fourth quarter valued at $295,000. Invesco Ltd. boosted its position in Liberty Global by 2.6% during the fourth quarter. Invesco Ltd. now owns 323,684 shares of the company's stock valued at $4,130,000 after acquiring an additional 8,096 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its position in shares of Liberty Global by 168.9% during the 4th quarter. Wedbush Securities Inc. now owns 42,336 shares of the company's stock worth $540,000 after purchasing an additional 26,589 shares in the last quarter. 37.20% of the stock is owned by institutional investors.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA traded up $0.14 during midday trading on Thursday, hitting $10.78. 243,601 shares of the company's stock traded hands, compared to its average volume of 2,034,172. Liberty Global Ltd. has a 1 year low of $9.84 and a 1 year high of $21.56. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 2.57 and a beta of 1.25. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The firm has a fifty day moving average of $11.17 and a 200 day moving average of $13.49.

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

Wall Street Analysts Forecast Growth

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

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.