Sterling Investment Management LLC Has $934,000 Stock Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Sterling Investment Management LLC decreased its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 2.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,582 shares of the company’s stock after selling 1,214 shares during the period. Sterling Investment Management LLC’s holdings in Liberty Global were worth $934,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in LBTYA. Captrust Financial Advisors raised its holdings in Liberty Global by 40.0% in the 2nd quarter. Captrust Financial Advisors now owns 1,821 shares of the company’s stock valued at $38,000 after acquiring an additional 520 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Liberty Global by 148.1% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company’s stock valued at $39,000 after acquiring an additional 1,357 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Liberty Global by 67.4% in the 4th quarter. Franklin Resources Inc. now owns 2,699 shares of the company’s stock valued at $51,000 after purchasing an additional 1,087 shares during the period. Blair William & Co. IL grew its stake in shares of Liberty Global by 202.1% in the 1st quarter. Blair William & Co. IL now owns 3,018 shares of the company’s stock valued at $59,000 after purchasing an additional 2,019 shares during the period. Finally, Rockefeller Capital Management L.P. bought a new stake in Liberty Global during the 2nd quarter worth approximately $64,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Performance

Liberty Global stock opened at $16.93 on Thursday. Liberty Global Ltd. has a 52 week low of $15.01 and a 52 week high of $20.56. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. The stock has a 50-day simple moving average of $18.27 and a 200 day simple moving average of $17.29.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data 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). Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. As a group, sell-side analysts forecast that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal year.

Insider Transactions at Liberty Global

In related news, CAO Jason Waldron sold 11,226 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The stock was 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 in the company, valued at $1,363,147.14. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, Director Paul A. Gould sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $19.79, for a total value of $989,500.00. Following the completion of the sale, the director now directly owns 949,059 shares in the company, valued at $18,781,877.61. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Jason Waldron sold 11,226 shares of the business’s stock in a transaction that occurred 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 owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The disclosure for this sale can be found here. Insiders sold a total of 101,226 shares of company stock worth $1,942,250 over the last quarter. Company insiders own 9.45% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. HSBC lowered Liberty Global from a “buy” rating to a “hold” rating and decreased their price target for the stock from $26.00 to $20.00 in a research report on Monday, March 18th. UBS Group decreased their price objective on Liberty Global from $23.00 to $22.50 and set a “buy” rating on the stock in a research report on Monday, February 26th. New Street Research reiterated a “neutral” rating on shares of Liberty Global in a research report on Wednesday, February 28th. Citigroup upgraded Liberty Global from a “neutral” rating to a “buy” rating and increased their price objective for the company from $20.00 to $24.00 in a research report on Friday, February 9th. Finally, Barclays increased their price objective 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 research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Liberty Global currently has a consensus rating of “Hold” and an average price target of $26.36.

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.