Amalgamated Bank Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

Amalgamated Bank acquired a new position in Liberty Global Ltd. (NASDAQ:LBTYA) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 27,559 shares of the company’s stock, valued at approximately $480,000.

Other hedge funds also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in shares of Liberty Global in the 2nd quarter worth approximately $75,000. Central Pacific Bank Trust Division bought a new position in shares of Liberty Global during the 1st quarter worth approximately $91,000. Whittier Trust Co. lifted 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 worth $156,000 after buying an additional 8,900 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted 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 worth $156,000 after buying an additional 8,754 shares during the period. Finally, Welch Group LLC bought a new position in shares of Liberty Global during the 2nd quarter worth approximately $174,000. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Down 0.1 %

NASDAQ LBTYA opened at $21.26 on Monday. The stock has a fifty day moving average of $19.53 and a 200-day moving average of $17.98. The stock has a market capitalization of $7.92 billion, a P/E ratio of -3.29 and a beta of 1.16. Liberty Global Ltd. has a 52 week low of $15.01 and a 52 week high of $21.56. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34.

Liberty Global (NASDAQ:LBTYA) last released its earnings results 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 company had revenue of $1.87 billion during the quarter. On average, equities research analysts forecast that Liberty Global Ltd. will post -0.61 EPS for the current year.

Wall Street Analyst Weigh In

LBTYA has been the subject of several analyst reports. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Citigroup assumed coverage on Liberty Global in a report on Friday, August 9th. They set a “buy” rating and a $25.00 price target for the company. Benchmark reaffirmed a “buy” rating and set a $27.00 price target on shares of Liberty Global in a report on Thursday, July 25th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a report on Friday, July 12th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $24.26.

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.