Sequoia Financial Advisors LLC Grows Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Sequoia Financial Advisors LLC raised its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 41.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,059 shares of the company’s stock after purchasing an additional 8,530 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Liberty Global were worth $371,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in Liberty Global by 58.1% during the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares during the period. Spire Wealth Management purchased a new stake in shares of Liberty Global in the 4th quarter worth $59,000. VisionPoint Advisory Group LLC bought a new position in shares of Liberty Global during the 4th quarter worth $123,000. Yousif Capital Management LLC purchased a new position in shares of Liberty Global during the fourth quarter valued at $128,000. Finally, Clifford Capital Partners LLC bought a new stake in shares of Liberty Global in the third quarter valued at about $227,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Price Performance

Shares of LBTYA opened at $11.75 on Wednesday. The company has a 50 day moving average of $11.53 and a two-hundred day moving average of $15.23. The company has a market cap of $4.10 billion, a price-to-earnings ratio of 2.80 and a beta of 1.27. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a twelve month low of $10.55 and a twelve month high of $21.56.

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on LBTYA shares. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and dropped their target price for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $13.10 to $12.60 in a report on Friday, December 6th. Barclays reduced their price objective on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $17.43.

Insider Activity

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 11.51% of the company’s stock.

About Liberty Global

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.