Deutsche Bank AG lifted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 2,559.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 300,520 shares of the company's stock after purchasing 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 filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC grew its stake in Liberty Global by 153.2% during the 3rd quarter. Barclays PLC now owns 496,045 shares of the company's stock valued at $10,471,000 after acquiring an additional 300,126 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in Liberty Global during the 4th quarter valued at about $443,000. SG Americas Securities LLC grew its stake in Liberty Global by 197.3% during the 4th quarter. SG Americas Securities LLC now owns 26,744 shares of the company's stock valued at $341,000 after acquiring an additional 17,749 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in Liberty Global during the 4th quarter valued at about $2,137,000. Finally, Blue Trust Inc. grew its stake 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 in the last quarter. Hedge funds and other institutional investors own 37.20% of the company's stock.
Wall Street Analyst Weigh In
LBTYA has been the subject of several research reports. UBS Group dropped their price objective on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research note on Monday, May 12th. Barclays set a $11.00 target price on shares of Liberty Global and gave the company an "equal weight" rating in a report on Tuesday, May 6th. Sanford C. Bernstein lowered shares of Liberty Global from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft decreased 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. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Liberty Global has an average rating of "Hold" and an average target price of $16.94.
Check Out Our Latest Analysis on LBTYA
Liberty Global Stock Performance
Shares of LBTYA stock opened at $9.76 on Tuesday. The firm's 50 day moving average price is $10.65 and its 200-day moving average price is $12.05. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. Liberty Global Ltd. has a one year low of $9.03 and a one year high of $21.56. The firm has a market cap of $3.37 billion, a P/E ratio of 2.33 and a beta of 1.23.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued 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). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.09 billion. As a group, equities research analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current year.
Liberty Global Profile
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Free Report)
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.
Further Reading
Want to see what other hedge funds are holding LBTYA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global Ltd. (NASDAQ:LBTYA - Free Report).
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