Wexford Capital LP Makes New $791,000 Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

Wexford Capital LP bought a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 62,000 shares of the company's stock, valued at approximately $791,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its stake 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 worth $38,000 after acquiring an additional 1,081 shares during the last quarter. Spire Wealth Management acquired a new position in Liberty Global in the 4th quarter valued at about $59,000. New Age Alpha Advisors LLC acquired a new position in Liberty Global in the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC purchased a new position in shares of Liberty Global in the 4th quarter valued at about $123,000. Finally, Yousif Capital Management LLC purchased a new position in shares of Liberty Global in the 4th quarter valued at about $128,000. Hedge funds and other institutional investors own 37.20% of the company's stock.

Liberty Global Price Performance

LBTYA stock traded down $0.13 on Thursday, reaching $9.64. 2,508,272 shares of the company's stock were exchanged, compared to its average volume of 2,103,305. The stock has a fifty day moving average of $10.58 and a 200-day moving average of $12.02. Liberty Global Ltd. has a twelve month low of $9.03 and a twelve month high of $21.56. The firm has a market cap of $3.33 billion, a PE ratio of 2.30 and a beta of 1.23. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced 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 business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.09 billion. As a group, equities analysts predict that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on LBTYA shares. Deutsche Bank Aktiengesellschaft decreased their target price on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Sanford C. Bernstein lowered Liberty Global from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. 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. Finally, UBS Group dropped their target price on Liberty Global from $13.00 to $10.60 and set a "neutral" rating on the stock in a report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $16.94.

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.