SG Americas Securities LLC Buys 477,497 Shares of Liberty Global Ltd $LBTYA

SG Americas Securities LLC grew its stake in Liberty Global Ltd (NASDAQ:LBTYA) by 1,594.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 507,445 shares of the company’s stock after buying an additional 477,497 shares during the period. SG Americas Securities LLC owned approximately 0.15% of Liberty Global worth $5,653,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Quarry LP bought a new stake in shares of Liberty Global during the 3rd quarter worth $27,000. EverSource Wealth Advisors LLC increased its stake in Liberty Global by 79.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after acquiring an additional 1,238 shares during the last quarter. Rothschild Investment LLC raised its position in Liberty Global by 207.4% during the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock valued at $34,000 after purchasing an additional 2,012 shares in the last quarter. Allworth Financial LP purchased a new stake in Liberty Global during the third quarter valued at about $42,000. Finally, Headlands Technologies LLC bought a new stake in Liberty Global during the second quarter worth about $47,000. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Performance

NASDAQ LBTYA opened at $12.09 on Wednesday. The company has a 50-day simple moving average of $11.86 and a two-hundred day simple moving average of $11.36. Liberty Global Ltd has a 12-month low of $9.02 and a 12-month high of $13.52. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of -0.58 and a beta of 1.02. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Thursday, February 19th. The company reported ($8.60) EPS for the quarter, missing the consensus estimate of ($0.46) by ($8.14). The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%. On average, equities analysts forecast that Liberty Global Ltd will post -1.35 EPS for the current year.

Analysts Set New Price Targets

LBTYA has been the subject of a number of research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd. Citigroup boosted their target price on Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. UBS Group upped their target price on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Zacks Research downgraded shares of Liberty Global from a “hold” rating to a “strong sell” rating in a research note on Friday, March 20th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Liberty Global currently has an average rating of “Reduce” and an average target price of $14.40.

Liberty Global 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.