Liberty Global Ltd. (NASDAQ:LBTYA) Short Interest Update

Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 5,300,000 shares, an increase of 23.0% from the April 30th total of 4,310,000 shares. Approximately 3.2% of the company's shares are sold short. Based on an average trading volume of 2,250,000 shares, the short-interest ratio is presently 2.4 days.

Liberty Global Stock Up 1.4%

LBTYA stock traded up $0.13 during mid-day trading on Thursday, reaching $9.72. 1,793,060 shares of the company traded hands, compared to its average volume of 2,101,944. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 2.32 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 has a fifty-two week low of $9.03 and a fifty-two week high of $21.56. The firm's 50 day moving average price is $10.17 and its 200 day moving average price is $11.45.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.09 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. As a group, equities research analysts predict that Liberty Global will post -1.35 EPS for the current fiscal year.

Hedge Funds Weigh In On Liberty Global

A number of hedge funds have recently added to or reduced their stakes in LBTYA. Strs Ohio bought a new position in shares of Liberty Global during the 1st quarter worth approximately $1,372,000. SageView Advisory Group LLC bought a new position in shares of Liberty Global during the 1st quarter worth approximately $131,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Liberty Global by 0.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,865,128 shares of the company's stock worth $55,998,000 after buying an additional 20,771 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Liberty Global by 27.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 451,847 shares of the company's stock worth $5,201,000 after buying an additional 98,182 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Liberty Global during the 1st quarter worth approximately $652,000. Institutional investors and hedge funds own 37.20% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LBTYA. Citigroup reduced their target price on Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research note on Wednesday, May 28th. Barclays set a $11.00 target price on Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Finally, UBS Group reduced their target price on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $14.94.

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.