Yousif Capital Management LLC Buys New Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Yousif Capital Management LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,013 shares of the company’s stock, valued at approximately $128,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Blue Trust Inc. increased its stake in Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after purchasing an additional 1,081 shares during the last quarter. Spire Wealth Management purchased a new stake in Liberty Global in the 4th quarter valued at about $59,000. DekaBank Deutsche Girozentrale increased its stake in shares of Liberty Global by 62.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock valued at $227,000 after acquiring an additional 4,142 shares during the last quarter. Clifford Capital Partners LLC purchased a new position in shares of Liberty Global during the 3rd quarter worth about $227,000. Finally, Private Advisor Group LLC grew its holdings in Liberty Global by 8.1% in the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after purchasing an additional 835 shares during the period. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Price Performance

Shares of LBTYA opened at $11.10 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of -1.09 and a beta of 1.24. Liberty Global Ltd. has a 52 week low of $10.82 and a 52 week high of $21.56. The stock has a 50 day moving average of $12.03 and a 200-day moving average of $16.33.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Benchmark reissued a “buy” rating and set a $27.00 price target on shares of Liberty Global in a research report on Tuesday, October 29th. Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Barclays cut their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, November 25th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Finally, UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, Liberty Global presently has an average rating of “Hold” and an average price target of $17.75.

Insiders Place Their Bets

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at $776,222.72. This represents a 61.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.51% of the stock is currently owned by corporate 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.