Friedenthal Financial Sells 77,454 Shares of Liberty Global Ltd $LBTYA

Friedenthal Financial lowered its stake in shares of Liberty Global Ltd (NASDAQ:LBTYAFree Report) by 91.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 7,155 shares of the company’s stock after selling 77,454 shares during the period. Friedenthal Financial’s holdings in Liberty Global were worth $87,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LBTYA. Quarry LP purchased a new position in shares of Liberty Global during the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC raised its position in Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after buying an additional 1,238 shares during the last quarter. Allworth Financial LP bought a new position in Liberty Global during the 3rd quarter valued at $42,000. MAI Capital Management boosted its holdings in Liberty Global by 27.5% during the 3rd quarter. MAI Capital Management now owns 4,559 shares of the company’s stock worth $52,000 after acquiring an additional 983 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in Liberty Global during the 2nd quarter worth $47,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Down 0.3%

Shares of NASDAQ:LBTYA opened at $11.09 on Friday. Liberty Global Ltd has a 1 year low of $9.62 and a 1 year high of $13.52. The company has a market capitalization of $3.75 billion, a PE ratio of -0.69 and a beta of 0.92. The business has a fifty day moving average price of $11.90 and a two-hundred day moving average price of $11.70. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11.

Liberty Global (NASDAQ:LBTYAGet Free Report) last released its earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%. Analysts forecast that Liberty Global Ltd will post -1.38 earnings per share for the current year.

Insider Transactions at Liberty Global

In other Liberty Global news, Director J David Wargo sold 55,000 shares of Liberty Global stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total value of $634,700.00. Following the sale, the director owned 53,876 shares of the company’s stock, valued at approximately $621,729.04. The trade was a 50.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.34% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LBTYA. Pivotal Research reiterated a “buy” rating and issued a $18.00 target price on shares of Liberty Global in a report on Monday, May 4th. Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. UBS Group upped their price objective on shares of Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research report on Tuesday, March 31st. Finally, Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Liberty Global has a consensus rating of “Hold” and a consensus price target of $16.15.

Get Our Latest Stock Report on Liberty Global

Liberty Global Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYA)

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