Liberty Global Ltd. (NASDAQ:LBTYA) Short Interest Update

Liberty Global Ltd. (NASDAQ:LBTYA) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 3,860,000 shares, a decrease of 20.9% from the August 31st total of 4,880,000 shares. Approximately 2.3% of the shares of the company are short sold. Based on an average trading volume of 1,750,000 shares, the short-interest ratio is presently 2.2 days.

Liberty Global Price Performance

NASDAQ:LBTYA traded down $0.02 during trading hours on Friday, hitting $21.26. The stock had a trading volume of 1,036,643 shares, compared to its average volume of 1,748,397. The company has a 50 day simple moving average of $19.47 and a two-hundred day simple moving average of $17.94. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34. Liberty Global has a one year low of $15.01 and a one year high of $21.56. The firm has a market capitalization of $7.92 billion, a price-to-earnings ratio of -3.29 and a beta of 1.16.

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

Institutional Trading of Liberty Global

Institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its position in shares of Liberty Global by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after buying an additional 601 shares in the last quarter. nVerses Capital LLC purchased a new stake in shares of Liberty Global during the 2nd quarter valued at $75,000. Central Pacific Bank Trust Division purchased a new stake in shares of Liberty Global during the 1st quarter valued at $91,000. Whittier Trust Co. raised its position in shares of Liberty Global by 21,707.3% during the 2nd 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 in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Liberty Global by 4,512.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after buying an additional 8,754 shares in the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.