FourThought Financial Partners LLC Makes New Investment in Liberty Global Ltd $LBTYA

FourThought Financial Partners LLC purchased a new position in Liberty Global Ltd (NASDAQ:LBTYA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 47,148 shares of the company’s stock, valued at approximately $525,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Quarry LP purchased a new stake in Liberty Global in the third quarter worth about $27,000. EverSource Wealth Advisors LLC increased its position in Liberty Global by 79.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after buying an additional 1,238 shares in the last quarter. Rothschild Investment LLC increased its position in Liberty Global by 207.4% in the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after buying an additional 2,012 shares in the last quarter. Allworth Financial LP purchased a new stake in Liberty Global in the third quarter worth about $42,000. Finally, Headlands Technologies LLC purchased a new stake in Liberty Global in the second quarter worth about $47,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analysts Set New Price Targets

LBTYA has been the subject of several research analyst reports. Zacks Research upgraded Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. UBS Group increased their target price on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research report on Tuesday, March 31st. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. Finally, Pivotal Research reiterated a “buy” rating and set a $18.00 target price on shares of Liberty Global in a research report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $16.15.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $12.24 on Friday. The stock has a 50 day moving average of $12.10 and a 200 day moving average of $11.56. Liberty Global Ltd has a 12 month low of $9.44 and a 12 month high of $13.52. The firm has a market cap of $4.14 billion, a PE ratio of -0.77 and a beta of 0.90. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%. On average, research analysts expect that Liberty Global Ltd will post -1.38 EPS for the current fiscal year.

Liberty Global Company 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.