Deutsche Bank AG Buys 289,222 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Deutsche Bank AG raised its stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 2,559.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 300,520 shares of the company's stock after buying an additional 289,222 shares during the period. Deutsche Bank AG owned about 0.08% of Liberty Global worth $3,835,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in LBTYA. Blue Trust Inc. grew its position 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 during the last quarter. Spire Wealth Management bought a new stake in shares of Liberty Global in the 4th quarter valued at about $59,000. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at about $123,000. Finally, Yousif Capital Management LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at about $128,000. Institutional investors own 37.20% of the company's stock.

Liberty Global Trading Down 0.5%

Shares of NASDAQ:LBTYA traded down $0.05 during midday trading on Friday, reaching $9.59. The company's stock had a trading volume of 2,259,707 shares, compared to its average volume of 2,104,114. The firm has a market capitalization of $3.31 billion, a price-to-earnings ratio of 2.29 and a beta of 1.23. 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 50 day moving average price of $10.50 and a two-hundred day moving average price of $11.76. Liberty Global Ltd. has a fifty-two week low of $9.03 and a fifty-two week high of $21.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.09 billion. As a group, 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 research analysts have recently issued reports on the company. Barclays set a $11.00 price objective on Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Deutsche Bank Aktiengesellschaft dropped their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Finally, UBS Group dropped their price objective on Liberty Global from $13.00 to $10.60 and set a "neutral" rating on the stock in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $16.94.

About Liberty Global

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.