BKM Wealth Management LLC Raises Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

BKM Wealth Management LLC boosted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 18.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 27,352 shares of the company’s stock after buying an additional 4,326 shares during the period. BKM Wealth Management LLC’s holdings in Liberty Global were worth $463,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thompson Siegel & Walmsley LLC grew its position in shares of Liberty Global by 8.5% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 4,518,231 shares of the company’s stock worth $80,290,000 after buying an additional 352,488 shares in the last quarter. ACR Alpine Capital Research LLC bought a new position in shares of Liberty Global during the 4th quarter worth $10,258,000. Hsbc Holdings PLC grew its position in shares of Liberty Global by 168.4% during the 4th quarter. Hsbc Holdings PLC now owns 97,621 shares of the company’s stock worth $1,726,000 after buying an additional 61,244 shares in the last quarter. Nebula Research & Development LLC grew its position in shares of Liberty Global by 296.6% during the 4th quarter. Nebula Research & Development LLC now owns 58,801 shares of the company’s stock worth $1,045,000 after buying an additional 43,976 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Liberty Global during the 4th quarter worth $73,550,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Up 0.9 %

Liberty Global stock opened at $17.59 on Tuesday. The stock has a 50-day moving average of $16.95 and a two-hundred day moving average of $17.51. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a one year low of $15.01 and a one year high of $20.56.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.32 EPS for the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%. The company had revenue of $1.95 billion during the quarter. During the same quarter last year, the business posted ($1.59) earnings per share. Equities research analysts forecast that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Insider Buying and Selling at Liberty Global

In other news, Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the transaction, the director now directly owns 159,632 shares in the company, valued at $2,769,615.20. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 11.51% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Benchmark reissued a “buy” rating and set a $33.00 price target on shares of Liberty Global in a research report on Thursday, May 2nd. HSBC downgraded Liberty Global from a “buy” rating to a “hold” rating and dropped their price objective for the company from $26.00 to $20.00 in a research report on Monday, March 18th. Finally, Barclays dropped their price objective on Liberty Global from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, May 3rd. One research 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’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $24.25.

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.