Mirabella Financial Services LLP Sells 2,093,665 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Mirabella Financial Services LLP lessened its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 99.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,000 shares of the company's stock after selling 2,093,665 shares during the period. Mirabella Financial Services LLP's holdings in Liberty Global were worth $255,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of LBTYA. Natixis acquired a new stake in Liberty Global during the 4th quarter worth about $3,307,000. Dimensional Fund Advisors LP raised its holdings in Liberty Global by 22.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock worth $77,482,000 after buying an additional 1,117,935 shares during the period. PEAK6 LLC acquired a new stake in Liberty Global during the 4th quarter worth about $3,902,000. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in Liberty Global by 313.0% during the 4th quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 47,500 shares of the company's stock worth $606,000 after buying an additional 36,000 shares during the period. Finally, Guggenheim Capital LLC acquired a new stake in Liberty Global during the 4th quarter worth about $661,000. Institutional investors own 37.20% of the company's stock.

Analysts Set New Price Targets

Several research firms have issued reports on LBTYA. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and cut their price objective for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Liberty Global presently has an average rating of "Hold" and an average price target of $17.43.

Liberty Global Stock Up 1.0 %

Shares of LBTYA traded up $0.11 during trading hours on Friday, reaching $10.88. The company's stock had a trading volume of 1,282,367 shares, compared to its average volume of 2,035,300. The firm has a market cap of $3.79 billion, a price-to-earnings ratio of 2.60 and a beta of 1.25. Liberty Global Ltd. has a 1-year low of $9.84 and a 1-year high of $21.56. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The company has a 50 day moving average of $11.16 and a two-hundred day moving average of $13.25.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating the consensus estimate of ($0.92) by $7.25. The business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. As a group, research analysts predict that Liberty Global Ltd. will post -1.35 EPS 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.