Liberty Global Ltd. (NASDAQ:LBTYA) Shares Sold by Sei Investments Co.

Sei Investments Co. cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 41.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 130,813 shares of the company’s stock after selling 91,916 shares during the period. Sei Investments Co.’s holdings in Liberty Global were worth $1,669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Barclays PLC boosted its stake in shares of Liberty Global by 153.2% in the third quarter. Barclays PLC now owns 496,045 shares of the company’s stock valued at $10,471,000 after purchasing an additional 300,126 shares during the period. State Street Corp boosted its position in Liberty Global by 36.8% in the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company’s stock valued at $55,399,000 after buying an additional 705,780 shares during the period. HighTower Advisors LLC acquired a new position in shares of Liberty Global in the third quarter worth $445,000. JPMorgan Chase & Co. increased its position in shares of Liberty Global by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 611,380 shares of the company’s stock worth $12,906,000 after acquiring an additional 31,259 shares during the period. Finally, ACR Alpine Capital Research LLC raised its stake in shares of Liberty Global by 333.3% in the fourth quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company’s stock valued at $221,730,000 after acquiring an additional 13,366,743 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Price Performance

Shares of LBTYA opened at $10.30 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. Liberty Global Ltd. has a 1-year low of $10.22 and a 1-year high of $21.56. The stock has a market cap of $3.59 billion, a PE ratio of 2.46 and a beta of 1.27. The firm has a fifty day moving average price of $11.43 and a 200 day moving average price of $14.50.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. As a group, sell-side analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $17.43.

Liberty Global 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.