Y Intercept Hong Kong Ltd Takes Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Y Intercept Hong Kong Ltd bought a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,187 shares of the company’s stock, valued at approximately $283,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LBTYA. Blue Trust Inc. grew its position in Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after acquiring an additional 1,081 shares during the period. Spire Wealth Management acquired a new stake in Liberty Global during the 4th quarter worth approximately $59,000. VisionPoint Advisory Group LLC purchased a new position in Liberty Global in the fourth quarter valued at approximately $123,000. Yousif Capital Management LLC acquired a new position in Liberty Global during the fourth quarter valued at approximately $128,000. Finally, Clifford Capital Partners LLC purchased a new stake in Liberty Global during the third quarter worth approximately $227,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LBTYA. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Barclays decreased their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $17.75.

Liberty Global Price Performance

NASDAQ:LBTYA opened at $11.29 on Wednesday. The firm has a market cap of $3.94 billion, a PE ratio of 2.69 and a beta of 1.24. The company’s 50-day moving average price is $11.76 and its two-hundred day moving average price is $15.76. 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 Ltd. has a 12 month low of $10.55 and a 12 month high of $21.56.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. On average, equities analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Insider Activity at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 11.51% of the stock is currently owned by company insiders.

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.