Aire Advisors LLC Takes Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Aire Advisors LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,400 shares of the company’s stock, valued at approximately $248,000.

A number of other large investors also recently bought and sold shares of LBTYA. Blue Trust Inc. lifted its position in shares of Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares during the last quarter. Spire Wealth Management bought a new position in Liberty Global in the 4th quarter worth about $59,000. VisionPoint Advisory Group LLC purchased a new stake in shares of Liberty Global in the fourth quarter valued at approximately $123,000. Yousif Capital Management LLC purchased a new position in Liberty Global during the 4th quarter worth $128,000. Finally, Clifford Capital Partners LLC bought a new stake in Liberty Global during the 3rd quarter valued at $227,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $11.55 on Tuesday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The stock has a market capitalization of $4.03 billion, a price-to-earnings ratio of 2.76 and a beta of 1.27. The firm’s 50 day simple moving average is $11.50 and its 200-day simple moving average is $15.00. 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, beating the consensus estimate of ($0.92) by $7.25. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. Analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LBTYA. Deutsche Bank Aktiengesellschaft cut 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. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and cut their target price for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Barclays decreased their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, November 25th. Finally, Bank of America lowered shares of 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 note on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Liberty Global currently has a consensus rating of “Hold” and a consensus target price of $17.43.

Insider Activity at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the transaction, the insider now owns 16,153 shares in the company, valued at $209,019.82. This trade represents a 77.92 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.51% of the stock is 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.