Liberty Global Ltd (NASDAQ:LBTYA) Shares Bought by Balefire LLC

Balefire LLC grew its stake in Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 601.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,807 shares of the company's stock after acquiring an additional 56,428 shares during the quarter. Balefire LLC's holdings in Liberty Global were worth $757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its holdings in Liberty Global by 58.1% during the 4th 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 during the period. Versant Capital Management Inc purchased a new position in Liberty Global during the 1st quarter valued at about $50,000. New Age Alpha Advisors LLC purchased a new position in Liberty Global during the 4th quarter valued at about $73,000. Friedenthal Financial purchased a new position in Liberty Global during the 1st quarter valued at about $78,000. Finally, GAMMA Investing LLC boosted its holdings in Liberty Global by 2,370.7% during the 1st quarter. GAMMA Investing LLC now owns 6,745 shares of the company's stock valued at $78,000 after acquiring an additional 6,472 shares during the period. 37.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on LBTYA shares. Barclays set a $11.00 target price on Liberty Global and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Berenberg Bank upgraded Liberty Global to a "hold" rating in a report on Thursday. UBS Group decreased their price objective on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research note on Monday, May 12th. Finally, Citigroup decreased their price objective on Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research note on Wednesday, May 28th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $14.94.

Liberty Global Stock Up 0.7%

LBTYA stock traded up $0.07 during trading on Friday, hitting $9.90. 2,048,182 shares of the company's stock were exchanged, compared to its average volume of 2,053,178. The business has a 50-day moving average price of $9.88 and a two-hundred day moving average price of $11.00. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of -10.21 and a beta of 1.14. Liberty Global Ltd has a 52-week low of $9.03 and a 52-week high of $21.56. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.64.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing the consensus estimate of ($0.83) by ($3.01). The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.09 billion. Liberty Global had a negative return on equity of 1.15% and a negative net margin of 4.25%. As a group, equities research analysts expect that Liberty Global Ltd will post -1.35 EPS 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.