Headlands Technologies LLC Decreases Stock Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Headlands Technologies LLC cut its stake in Liberty Global Ltd. (NASDAQ:LBTYA) by 4.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 30,510 shares of the company’s stock after selling 1,496 shares during the quarter. Headlands Technologies LLC’s holdings in Liberty Global were worth $542,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LBTYA. Handelsbanken Fonder AB raised its position in Liberty Global by 100.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 132,336 shares of the company’s stock valued at $2,266,000 after purchasing an additional 66,168 shares during the last quarter. Brown Advisory Inc. purchased a new stake in shares of Liberty Global in the 3rd quarter worth approximately $232,000. Advisor Partners II LLC bought a new position in Liberty Global in the 3rd quarter valued at approximately $209,000. Autumn Glory Partners LLC bought a new position in Liberty Global in the 3rd quarter valued at approximately $215,000. Finally, Simplex Trading LLC lifted its position in Liberty Global by 166.7% in the 3rd quarter. Simplex Trading LLC now owns 54,418 shares of the company’s stock valued at $931,000 after acquiring an additional 34,015 shares in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Liberty Global

In other news, CAO Jason Waldron sold 11,226 shares of Liberty Global 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 completion of the sale, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at approximately $1,363,147.14. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related 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 value of $216,549.54. Following the completion of the sale, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The sale was disclosed in a filing with the SEC, which is available through 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 completion of the sale, the director now directly owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The disclosure for this sale can be found here. Insiders sold 113,629 shares of company stock valued at $2,046,783 in the last 90 days. Company insiders own 11.51% of the company’s stock.

Liberty Global Price Performance

Liberty Global stock traded up $0.20 during midday trading on Friday, reaching $16.35. The company had a trading volume of 1,935,672 shares, compared to its average volume of 1,441,925. The company has a market capitalization of $6.17 billion, a P/E ratio of -1.74 and a beta of 1.18. Liberty Global Ltd. has a 12-month low of $15.01 and a 12-month high of $20.56. The firm’s fifty day simple moving average is $17.07 and its 200-day simple moving average is $17.18. 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 announced its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($7.88). The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. As a group, equities analysts anticipate that Liberty Global Ltd. will post -0.61 EPS for the current year.

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.