96,417 Shares in Liberty Global Ltd $LBTYA Bought by Neo Ivy Capital Management

Neo Ivy Capital Management purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYA) during the second quarter, according to its most recent filing with the SEC. The fund purchased 96,417 shares of the company’s stock, valued at approximately $965,000.

Other hedge funds have also bought and sold shares of the company. CWM LLC grew its position in shares of Liberty Global by 81.5% during the first quarter. CWM LLC now owns 2,285 shares of the company’s stock valued at $26,000 after purchasing an additional 1,026 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in Liberty Global during the first quarter valued at approximately $64,000. Bank of Montreal Can boosted its stake in Liberty Global by 177.2% during the second quarter. Bank of Montreal Can now owns 9,965 shares of the company’s stock valued at $100,000 after buying an additional 6,370 shares during the last quarter. SageView Advisory Group LLC purchased a new position in Liberty Global during the 1st quarter valued at approximately $131,000. Finally, Atria Wealth Solutions Inc. bought a new stake in Liberty Global in the 1st quarter worth approximately $145,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Insider Activity

In other news, Director Miranda Curtis sold 42,600 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $11.77, for a total transaction of $501,402.00. Following the transaction, the director owned 129,305 shares of the company’s stock, valued at approximately $1,521,919.85. This represents a 24.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 13.29% of the stock is owned by company insiders.

Liberty Global Trading Up 2.7%

Shares of LBTYA opened at $11.03 on Friday. The company’s fifty day simple moving average is $11.15 and its 200-day simple moving average is $10.63. The company has a market cap of $3.71 billion, a P/E ratio of -1.13 and a beta of 1.12. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global Ltd has a twelve month low of $9.02 and a twelve month high of $14.30.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Thursday, October 30th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of $1.45 by ($1.72). Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.23 billion. As a group, analysts expect that Liberty Global Ltd will post -1.35 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on LBTYA. UBS Group increased their target price on Liberty Global from $10.60 to $11.80 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Wednesday, October 8th. Benchmark reissued a “buy” rating and issued a $21.00 price objective (up from $18.00) on shares of Liberty Global in a research note on Monday, August 4th. Finally, Zacks Research upgraded shares of Liberty Global to a “hold” rating in a report on Wednesday, September 3rd. Two analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $14.26.

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.