Thompson Siegel & Walmsley LLC Reduces Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Thompson Siegel & Walmsley LLC trimmed its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 9.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,902,635 shares of the company’s stock after selling 308,117 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 0.81% of Liberty Global worth $37,038,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. raised its holdings in shares of Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after acquiring an additional 1,081 shares during the last quarter. Spire Wealth Management purchased a new position in shares of Liberty Global during the 4th quarter worth $59,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Liberty Global during the fourth quarter worth $123,000. Yousif Capital Management LLC purchased a new stake in Liberty Global in the fourth quarter valued at approximately $128,000. Finally, Clifford Capital Partners LLC purchased a new stake in Liberty Global during the third quarter valued at about $227,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Insider Activity

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction that occurred on Friday, December 27th. The stock was 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 approximately $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.51% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LBTYA. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and reduced their target price for the company from $23.00 to $13.00 in a report on Monday, November 18th. Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and cut their target price for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Barclays decreased their price target on 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. Deutsche Bank Aktiengesellschaft lowered 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. Finally, Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.75.

Liberty Global Stock Performance

LBTYA opened at $11.36 on Thursday. The stock’s 50 day moving average price is $11.63 and its two-hundred day moving average price is $15.47. The firm has a market capitalization of $3.96 billion, a P/E ratio of 2.71 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 12-month low of $10.55 and a 12-month high of $21.56.

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

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.