Liberty Global Ltd. (NASDAQ:LBTYA) Stock Position Boosted by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 2,014.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 565,516 shares of the company's stock after purchasing an additional 538,772 shares during the period. SG Americas Securities LLC owned 0.16% of Liberty Global worth $6,509,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of LBTYA. Blue Trust Inc. grew its stake in 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. Versant Capital Management Inc purchased a new stake in Liberty Global during the first quarter worth approximately $50,000. New Age Alpha Advisors LLC purchased a new stake in Liberty Global during the fourth quarter worth approximately $73,000. GAMMA Investing LLC grew its stake in Liberty Global by 2,370.7% during the first quarter. GAMMA Investing LLC now owns 6,745 shares of the company's stock worth $78,000 after buying an additional 6,472 shares during the period. Finally, VisionPoint Advisory Group LLC purchased a new stake in Liberty Global during the fourth quarter worth approximately $123,000. Institutional investors and hedge funds own 37.20% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Citigroup decreased their price objective on shares of Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research note on Wednesday, May 28th. UBS Group decreased their target price 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. Finally, Barclays set a $11.00 target price on shares of Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, Liberty Global has an average rating of "Hold" and an average price target of $14.94.

Liberty Global Stock Performance

Shares of LBTYA stock traded down $0.14 during trading hours on Friday, reaching $9.75. The stock had a trading volume of 889,122 shares, compared to its average volume of 2,083,979. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. Liberty Global Ltd. has a twelve month low of $9.03 and a twelve month high of $21.56. The firm has a 50-day simple moving average of $10.02 and a 200-day simple moving average of $11.27. The firm has a market capitalization of $3.37 billion, a PE ratio of 2.33 and a beta of 1.14.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $1.09 billion. As a group, equities analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

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.