Liberty Global Ltd. (NASDAQ:LBTYA) Stake Raised by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 26.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 128,658 shares of the company's stock after purchasing an additional 26,621 shares during the quarter. Hsbc Holdings PLC's holdings in Liberty Global were worth $1,628,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Blue Trust Inc. boosted its position in Liberty Global by 58.1% during the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after purchasing an additional 1,081 shares during the period. Spire Wealth Management purchased a new stake in shares of Liberty Global in the fourth quarter worth about $59,000. New Age Alpha Advisors LLC purchased a new stake in shares of Liberty Global during the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Liberty Global during the 4th quarter valued at about $123,000. Finally, Yousif Capital Management LLC acquired a new position in Liberty Global during the 4th quarter worth approximately $128,000. Hedge funds and other institutional investors own 37.20% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on LBTYA. Deutsche Bank Aktiengesellschaft dropped their price target on shares of 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 downgraded Liberty Global from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. Finally, Barclays set a $11.00 price objective on Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $17.29.

Liberty Global Price Performance

Shares of LBTYA traded down $0.04 during midday trading on Wednesday, reaching $9.45. The stock had a trading volume of 163,937 shares, compared to its average volume of 2,031,947. The firm's 50 day moving average price is $11.01 and its 200-day moving average price is $12.80. The company has a market capitalization of $3.29 billion, a P/E ratio of 2.24 and a beta of 1.23. Liberty Global Ltd. has a 52 week low of $9.25 and a 52 week high of $21.56. 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 (NASDAQ:LBTYA - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported ($3.84) EPS 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 during the quarter, compared to the consensus estimate of $1.09 billion. On average, analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

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.