Liberty Global Ltd. (NASDAQ:LBTYA) Shares Sold by BKM Wealth Management LLC

BKM Wealth Management LLC lessened its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 3.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,335 shares of the company’s stock after selling 1,098 shares during the quarter. BKM Wealth Management LLC’s holdings in Liberty Global were worth $661,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. EverSource Wealth Advisors LLC increased its holdings in shares of Liberty Global by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after purchasing an additional 601 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after buying an additional 975 shares during the last quarter. nVerses Capital LLC acquired a new stake in shares of Liberty Global during the 2nd quarter worth about $75,000. Central Pacific Bank Trust Division purchased a new stake in Liberty Global in the 1st quarter valued at about $91,000. Finally, Whittier Trust Co. lifted its position in Liberty Global by 21,707.3% in the second quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock valued at $156,000 after buying an additional 8,900 shares during the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and lifted their price target for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Benchmark reissued a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a research report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft upped their price target on Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Finally, Citigroup initiated coverage on Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 price objective for the company. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.26.

Liberty Global Trading Up 0.7 %

NASDAQ:LBTYA opened at $20.80 on Friday. The stock has a fifty day moving average price of $20.24 and a 200 day moving average price of $18.49. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 12-month low of $15.01 and a 12-month high of $21.56. The firm has a market cap of $7.60 billion, a PE ratio of -4.49 and a beta of 1.17.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.71 EPS for the quarter. Liberty Global had a negative return on equity of 10.72% and a negative net margin of 27.03%. The business had revenue of $1.87 billion during the quarter. Sell-side analysts anticipate that Liberty Global Ltd. will post -0.61 earnings per share for the current fiscal 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.