Proficio Capital Partners LLC Buys Shares of 21,131 Liberty Global Ltd. (NASDAQ:LBTYA)

Proficio Capital Partners LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 21,131 shares of the company’s stock, valued at approximately $270,000.

Other large investors also recently made changes to their positions in the company. ACR Alpine Capital Research LLC raised its holdings in Liberty Global by 333.3% in the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company’s stock worth $221,730,000 after acquiring an additional 13,366,743 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Liberty Global by 2,799.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock worth $98,079,000 after purchasing an additional 4,485,823 shares during the period. State Street Corp lifted its position in shares of Liberty Global by 36.8% during the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company’s stock worth $55,399,000 after purchasing an additional 705,780 shares during the last quarter. ARGA Investment Management LP lifted its position in shares of Liberty Global by 72.1% during the 4th quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company’s stock worth $12,897,000 after purchasing an additional 423,526 shares during the last quarter. Finally, Barclays PLC boosted its stake in Liberty Global by 153.2% during the 3rd quarter. Barclays PLC now owns 496,045 shares of the company’s stock valued at $10,471,000 after purchasing an additional 300,126 shares during the period. Institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on LBTYA shares. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft lowered their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $17.43.

Liberty Global Trading Up 1.6 %

LBTYA stock opened at $11.70 on Thursday. The business has a fifty day moving average price of $11.50 and a 200 day moving average price of $14.92. 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 Ltd. has a fifty-two week low of $10.55 and a fifty-two week high of $21.56. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 2.79 and a beta of 1.27.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Insider Activity at Liberty Global

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the company’s stock in a transaction 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 approximately $209,019.82. The trade was a 77.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 11.51% of the stock is owned by company insiders.

Liberty Global Profile

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.