Renaissance Technologies LLC Sells 33,900 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Renaissance Technologies LLC trimmed its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 4,552,952 shares of the company’s stock after selling 33,900 shares during the period. Renaissance Technologies LLC owned about 1.22% of Liberty Global worth $79,358,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Artisan Partners Limited Partnership boosted its holdings in Liberty Global by 0.6% during the fourth quarter. Artisan Partners Limited Partnership now owns 14,141,397 shares of the company’s stock worth $251,293,000 after buying an additional 80,267 shares during the last quarter. Norges Bank bought a new position in Liberty Global during the fourth quarter worth about $73,550,000. Thompson Siegel & Walmsley LLC boosted its holdings in Liberty Global by 2.3% during the second quarter. Thompson Siegel & Walmsley LLC now owns 3,658,338 shares of the company’s stock worth $63,765,000 after buying an additional 82,560 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Liberty Global by 4.0% during the first quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock worth $58,316,000 after buying an additional 131,077 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Liberty Global by 212.5% during the second quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company’s stock worth $57,336,000 after buying an additional 2,236,696 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Liberty Global Trading Up 1.8 %

LBTYA opened at $20.40 on Tuesday. The stock has a market capitalization of $7.60 billion, a P/E ratio of -3.15 and a beta of 1.16. Liberty Global Ltd. has a 12 month low of $15.01 and a 12 month high of $20.60. The firm’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $17.75. 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 (NASDAQ:LBTYA) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.71 EPS for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The business had revenue of $1.87 billion for the quarter. As a group, research analysts anticipate that Liberty Global Ltd. will post -0.61 EPS for the current fiscal year.

Liberty Global Company 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.