Liberty Global Ltd $LBTYA Shares Sold by S&CO Inc.

S&CO Inc. trimmed its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 253,043 shares of the company’s stock after selling 5,023 shares during the period. S&CO Inc. owned about 0.07% of Liberty Global worth $2,532,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in LBTYA. Bank of New York Mellon Corp lifted its holdings in shares of Liberty Global by 29.6% during the 1st quarter. Bank of New York Mellon Corp now owns 609,426 shares of the company’s stock valued at $7,014,000 after acquiring an additional 139,294 shares in the last quarter. New York State Common Retirement Fund raised its position in Liberty Global by 34.3% in the first quarter. New York State Common Retirement Fund now owns 415,225 shares of the company’s stock valued at $4,779,000 after purchasing an additional 106,072 shares during the period. CWM LLC lifted its stake in shares of Liberty Global by 81.5% during the first quarter. CWM LLC now owns 2,285 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares in the last quarter. Turtle Creek Wealth Advisors LLC boosted its position in shares of Liberty Global by 10.8% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 24,657 shares of the company’s stock worth $284,000 after buying an additional 2,406 shares during the period. Finally, Massachusetts Financial Services Co. MA acquired a new stake in shares of Liberty Global in the first quarter valued at about $394,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Up 0.5%

Shares of Liberty Global stock opened at $10.71 on Monday. The business has a 50-day moving average price of $11.33 and a 200 day moving average price of $10.61. Liberty Global Ltd has a fifty-two week low of $9.02 and a fifty-two week high of $20.80. The firm has a market cap of $3.65 billion, a P/E ratio of -1.10 and a beta of 1.12. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59.

Liberty Global (NASDAQ:LBTYA) last issued its earnings results on Thursday, October 30th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $1.23 billion. On average, sell-side analysts forecast that Liberty Global Ltd will post -1.35 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Liberty Global news, CAO Jason Waldron sold 34,380 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the completion of the sale, the chief accounting officer owned 8,383 shares in the company, valued at $96,823.65. The trade was a 80.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Miranda Curtis sold 42,600 shares of the stock in a transaction 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 sale, the director directly owned 129,305 shares in the company, valued at $1,521,919.85. This trade represents a 24.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 136,980 shares of company stock valued at $1,577,091 over the last 90 days. 13.29% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

LBTYA has been the topic of several recent research reports. UBS Group boosted their price target on Liberty Global from $10.60 to $11.80 and gave the stock a “neutral” rating in a research report on Wednesday, August 6th. Benchmark reiterated a “buy” rating and set a $21.00 price objective (up previously from $18.00) on shares of Liberty Global in a research note on Monday, August 4th. Zacks Research upgraded shares of Liberty Global to a “hold” rating in a research note on Wednesday, September 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $14.26.

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.