UBS Group AG Boosts Stock Holdings in Liberty Global Ltd $LBTYA

UBS Group AG raised its holdings in Liberty Global Ltd (NASDAQ:LBTYA) by 44.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,754,981 shares of the company’s stock after purchasing an additional 844,265 shares during the period. UBS Group AG’s holdings in Liberty Global were worth $30,690,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Sanctuary Advisors LLC purchased a new position in shares of Liberty Global in the fourth quarter worth about $144,000. Vanguard Group Inc. increased its stake in shares of Liberty Global by 35.2% in the fourth quarter. Vanguard Group Inc. now owns 4,551,242 shares of the company’s stock worth $50,701,000 after purchasing an additional 1,185,935 shares in the last quarter. Turtle Creek Wealth Advisors LLC boosted its position in shares of Liberty Global by 23.5% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 31,318 shares of the company’s stock valued at $349,000 after acquiring an additional 5,961 shares during the period. Friedenthal Financial boosted its position in shares of Liberty Global by 886.2% in the fourth quarter. Friedenthal Financial now owns 84,609 shares of the company’s stock valued at $943,000 after acquiring an additional 76,030 shares during the period. Finally, Merit Financial Group LLC boosted its position in shares of Liberty Global by 32.2% in the fourth quarter. Merit Financial Group LLC now owns 31,280 shares of the company’s stock valued at $348,000 after acquiring an additional 7,625 shares during the period. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Pivotal Research restated a “buy” rating and issued a $18.00 price objective on shares of Liberty Global in a research report on Monday, May 4th. UBS Group raised their price objective on shares of Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a research report on Tuesday, March 31st. Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Finally, Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $16.15.

Liberty Global Price Performance

LBTYA stock opened at $12.15 on Friday. Liberty Global Ltd has a 12 month low of $9.02 and a 12 month high of $13.52. The firm has a market capitalization of $4.07 billion, a P/E ratio of -0.76 and a beta of 0.90. The company has a current ratio of 1.11, a quick ratio of 1.08 and a debt-to-equity ratio of 0.79. The firm has a 50 day moving average of $12.26 and a 200-day moving average of $11.50.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. As a group, sell-side analysts predict that Liberty Global Ltd will post -1.44 earnings per share for the current fiscal year.

Liberty Global Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.