Duality Advisers LP Purchases New Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

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

Other institutional investors have also recently added to or reduced their stakes in the company. abrdn plc increased its position in Liberty Global by 108.5% during the 4th quarter. abrdn plc now owns 55,051 shares of the company’s stock worth $978,000 after purchasing an additional 28,647 shares during the period. Lancaster Investment Management acquired a new stake in shares of Liberty Global in the 4th quarter worth approximately $42,843,000. BKM Wealth Management LLC acquired a new stake in shares of Liberty Global in the 4th quarter worth approximately $409,000. Anchor Investment Management LLC acquired a new stake in shares of Liberty Global in the 4th quarter worth approximately $141,000. Finally, Vanguard Group Inc. grew its holdings in shares of Liberty Global by 14.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,877,497 shares of the company’s stock worth $49,263,000 after acquiring an additional 364,123 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Trading Down 1.8 %

Shares of Liberty Global stock opened at $16.45 on Tuesday. Liberty Global Ltd. has a fifty-two week low of $15.01 and a fifty-two week high of $20.56. The business’s fifty day moving average is $17.26 and its two-hundred day moving average is $17.19. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. On average, research analysts predict that Liberty Global Ltd. will post -0.61 earnings per share for the current year.

Insiders Place Their Bets

In related news, CAO Jason Waldron sold 11,226 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total value of $216,549.54. Following the transaction, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at approximately $1,363,147.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, EVP Andrea Salvato sold 32,403 shares of the stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the transaction, the executive vice president now directly owns 102,286 shares of the company’s stock, valued at approximately $1,810,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Jason Waldron sold 11,226 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total value of $216,549.54. Following the completion of the transaction, the chief accounting officer now directly owns 70,666 shares in the company, valued at $1,363,147.14. The disclosure for this sale can be found here. Insiders have sold a total of 113,629 shares of company stock valued at $2,046,783 in the last quarter. 11.51% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on LBTYA. TheStreet upgraded Liberty Global from a “d+” rating to a “c-” rating in a report on Thursday, January 25th. HSBC cut Liberty Global from a “buy” rating to a “hold” rating and lowered their target price for the company from $26.00 to $20.00 in a report on Monday, March 18th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating in a report on Friday, February 23rd. New Street Research reiterated a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th. Finally, Citigroup upgraded Liberty Global from a “neutral” rating to a “buy” rating and increased their target price for the company from $20.00 to $24.00 in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $26.36.

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.