Wedbush Securities Inc. Has $540,000 Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Wedbush Securities Inc. boosted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 168.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,336 shares of the company’s stock after buying an additional 26,589 shares during the period. Wedbush Securities Inc.’s holdings in Liberty Global were worth $540,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Stifel Financial Corp boosted its position in Liberty Global by 8.2% during the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock valued at $268,000 after purchasing an additional 968 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Liberty Global by 58.1% during the 4th 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 in the last quarter. Bank of New York Mellon Corp boosted its holdings in Liberty Global by 0.3% in the fourth quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company’s stock worth $5,999,000 after purchasing an additional 1,615 shares in the last quarter. Swiss National Bank increased its position in Liberty Global by 1.2% during the fourth quarter. Swiss National Bank now owns 323,000 shares of the company’s stock worth $4,121,000 after buying an additional 3,800 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in Liberty Global by 13.1% during the fourth quarter. Empowered Funds LLC now owns 34,177 shares of the company’s stock valued at $436,000 after buying an additional 3,970 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Down 1.6 %

LBTYA opened at $10.02 on Wednesday. The business has a 50 day moving average of $11.33 and a 200-day moving average of $14.27. The stock has a market capitalization of $3.49 billion, a price-to-earnings ratio of 2.39 and a beta of 1.25. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 1-year low of $9.85 and a 1-year high of $21.56.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts anticipate that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on LBTYA. Deutsche Bank Aktiengesellschaft cut their price objective 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 cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.43.

Liberty Global Company 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.