Treasurer of the State of North Carolina Sells 5,640 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Treasurer of the State of North Carolina lowered its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 7.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 72,930 shares of the company’s stock after selling 5,640 shares during the period. Treasurer of the State of North Carolina’s holdings in Liberty Global were worth $931,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in LBTYA. Raymond James Financial Inc. acquired a new stake in shares of Liberty Global in the 4th quarter worth about $295,000. Invesco Ltd. increased its holdings in Liberty Global by 2.6% during the 4th quarter. Invesco Ltd. now owns 323,684 shares of the company’s stock worth $4,130,000 after purchasing an additional 8,096 shares in the last quarter. Wedbush Securities Inc. raised its stake in shares of Liberty Global by 168.9% in the fourth quarter. Wedbush Securities Inc. now owns 42,336 shares of the company’s stock worth $540,000 after purchasing an additional 26,589 shares during the last quarter. First Wilshire Securities Management Inc. lifted its holdings in shares of Liberty Global by 0.8% in the fourth quarter. First Wilshire Securities Management Inc. now owns 2,264,395 shares of the company’s stock valued at $28,894,000 after purchasing an additional 17,045 shares in the last quarter. Finally, Trexquant Investment LP boosted its position in shares of Liberty Global by 15.2% during the fourth quarter. Trexquant Investment LP now owns 369,084 shares of the company’s stock valued at $4,710,000 after buying an additional 48,633 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Performance

NASDAQ LBTYA opened at $10.63 on Friday. The company has a market capitalization of $3.71 billion, a PE ratio of 2.54 and a beta of 1.25. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. Liberty Global Ltd. has a 52-week low of $9.84 and a 52-week high of $21.56. The company has a 50-day simple moving average of $11.20 and a 200 day simple moving average of $13.71.

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

Wall Street Analyst Weigh In

Several equities analysts have weighed in on LBTYA shares. Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of 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 research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price 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.