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

Liberty Global Ltd. (NASDAQ:LBTYA) was the target of a significant 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. Currently, 2.3% of the company’s stock are sold short. Based on an average daily volume of 1,750,000 shares, the days-to-cover ratio is presently 2.2 days.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on LBTYA shares. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and upped their target price for the company from $15.50 to $21.30 in a research note on Monday, August 12th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, July 12th. Citigroup initiated coverage on shares of Liberty Global in a report on Friday, August 9th. They issued a “buy” rating and a $25.00 price target on the stock. Finally, Benchmark reaffirmed a “buy” rating and issued a $27.00 price target on shares of Liberty Global in a report on Thursday, July 25th. 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 company has an average rating of “Moderate Buy” and an average target price of $24.26.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYA traded down $0.02 on Friday, reaching $21.26. 2,608,243 shares of the company’s stock were exchanged, compared to its average volume of 1,748,397. 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 has a fifty-two week low of $15.01 and a fifty-two week high of $21.56. The business’s 50-day moving average is $19.53 and its two-hundred day moving average is $17.97. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.80.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Thursday, July 25th. The company reported $0.71 earnings per share 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, equities research analysts forecast that Liberty Global will post -0.61 EPS for the current year.

Institutional Trading of Liberty Global

A number of large investors have recently modified their holdings of LBTYA. ACR Alpine Capital Research LLC grew its position in Liberty Global by 375.4% in the 1st quarter. ACR Alpine Capital Research LLC now owns 2,744,184 shares of the company’s stock valued at $46,432,000 after buying an additional 2,166,932 shares in the last quarter. GSA Capital Partners LLP grew its position in Liberty Global by 100.5% in the 1st quarter. GSA Capital Partners LLP now owns 112,688 shares of the company’s stock valued at $1,907,000 after buying an additional 56,491 shares in the last quarter. Hsbc Holdings PLC grew its position in Liberty Global by 168.4% in the 4th quarter. Hsbc Holdings PLC now owns 97,621 shares of the company’s stock valued at $1,726,000 after buying an additional 61,244 shares in the last quarter. Nebula Research & Development LLC grew its position in Liberty Global by 296.6% in the 4th quarter. Nebula Research & Development LLC now owns 58,801 shares of the company’s stock valued at $1,045,000 after buying an additional 43,976 shares in the last quarter. Finally, Nomura Holdings Inc. grew its position in Liberty Global by 271.8% in the 4th quarter. Nomura Holdings Inc. now owns 74,369 shares of the company’s stock valued at $1,322,000 after buying an additional 54,369 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

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.