Charles Bracken Sells 33,220 Shares of Liberty Global (NASDAQ:LBTYA) Stock

Liberty Global Ltd (NASDAQ:LBTYA) CFO Charles Bracken sold 33,220 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $11.18, for a total transaction of $371,399.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Liberty Global Stock Up 2.9%

Shares of NASDAQ:LBTYA traded up $0.31 on Wednesday, reaching $11.16. The company had a trading volume of 1,578,942 shares, compared to its average volume of 2,027,333. The firm has a market capitalization of $3.76 billion, a PE ratio of -1.83 and a beta of 1.05. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. Liberty Global Ltd has a 52-week low of $9.02 and a 52-week high of $13.17. The firm’s 50 day simple moving average is $11.05 and its 200-day simple moving average is $10.79.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($1.72). Liberty Global had a negative net margin of 41.44% and a negative return on equity of 14.71%. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.23 billion. As a group, analysts expect that Liberty Global Ltd will post -1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LBTYA shares. UBS Group lifted their price objective on shares of Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research report on Wednesday, December 3rd. Zacks Research raised Liberty Global to a “hold” rating in a research report on Wednesday, September 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Wednesday, October 8th. Finally, Citigroup upped their target price on Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $15.00.

Hedge Funds Weigh In On Liberty Global

Institutional investors have recently bought and sold shares of the business. ACR Alpine Capital Research LLC boosted its holdings in shares of Liberty Global by 3.5% in the 3rd quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after acquiring an additional 719,589 shares during the last quarter. Oaktree Capital Management LP grew its position in Liberty Global by 4.1% during the 3rd quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock worth $97,997,000 after purchasing an additional 339,000 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Liberty Global by 3.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,110,169 shares of the company’s stock valued at $92,945,000 after buying an additional 287,889 shares during the last quarter. Rubric Capital Management LP lifted its holdings in shares of Liberty Global by 36.2% in the 3rd quarter. Rubric Capital Management LP now owns 7,750,367 shares of the company’s stock valued at $88,819,000 after buying an additional 2,058,142 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Liberty Global by 227.4% in the third quarter. AQR Capital Management LLC now owns 7,672,437 shares of the company’s stock worth $87,926,000 after buying an additional 5,328,998 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

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.