104,187 Shares in Liberty Global Ltd. (NASDAQ:LBTYA) Acquired by Duality Advisers LP

Duality Advisers LP bought a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 104,187 shares of the company’s stock, valued at approximately $1,851,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. abrdn plc raised its holdings in Liberty Global by 108.5% during the fourth quarter. abrdn plc now owns 55,051 shares of the company’s stock worth $978,000 after purchasing an additional 28,647 shares in the last quarter. Lancaster Investment Management bought a new stake in Liberty Global during the fourth quarter worth approximately $42,843,000. BKM Wealth Management LLC bought a new stake in Liberty Global during the fourth quarter worth approximately $409,000. Anchor Investment Management LLC bought a new stake in Liberty Global during the fourth quarter worth approximately $141,000. Finally, Vanguard Group Inc. grew its position in Liberty Global by 14.5% in the third quarter. Vanguard Group Inc. now owns 2,877,497 shares of the company’s stock worth $49,263,000 after buying an additional 364,123 shares during the last quarter. Institutional investors own 37.20% of the company’s stock.

Liberty Global Price Performance

NASDAQ LBTYA opened at $16.45 on Tuesday. Liberty Global Ltd. has a twelve month low of $15.01 and a twelve month high of $20.56. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. The firm’s 50 day moving average price is $17.26 and its two-hundred day moving average price is $17.19.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($7.88). Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. As a group, sell-side analysts forecast that Liberty Global Ltd. will post -0.61 earnings per share for the current year.

Insider Activity

In other news, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now directly owns 159,632 shares in the company, valued at approximately $2,769,615.20. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CAO Jason Waldron sold 11,226 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the transaction, the chief accounting officer now directly owns 70,666 shares in the company, valued at approximately $1,363,147.14. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director J David Wargo sold 30,000 shares of the business’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares in the company, valued at $2,769,615.20. The disclosure for this sale can be found here. Insiders have sold a total of 113,629 shares of company stock worth $2,046,783 in the last ninety days. Corporate insiders own 11.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Citigroup upgraded shares of Liberty Global from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $20.00 to $24.00 in a research report on Friday, February 9th. HSBC lowered shares of Liberty Global from a “buy” rating to a “hold” rating and decreased their price target for the stock from $26.00 to $20.00 in a research report on Monday, March 18th. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Thursday, January 25th. UBS Group decreased their price target on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating on the stock in a research report on Monday, February 26th. Finally, Barclays lifted their price target on shares of Liberty Global from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, January 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Liberty Global currently has a consensus rating of “Hold” and an average price target of $26.36.

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.