Virtu Financial LLC Sells 7,786 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Virtu Financial LLC decreased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 24.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,537 shares of the company’s stock after selling 7,786 shares during the period. Virtu Financial LLC’s holdings in Liberty Global were worth $415,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division bought a new position in shares of Liberty Global in the first quarter worth $91,000. Bfsg LLC bought a new position in shares of Liberty Global in the fourth quarter worth $106,000. Tevis Investment Management bought a new position in shares of Liberty Global in the first quarter worth $180,000. Wilbanks Smith & Thomas Asset Management LLC bought a new position in shares of Liberty Global in the fourth quarter worth $302,000. Finally, SG Americas Securities LLC increased its position in shares of Liberty Global by 25.7% in the first quarter. SG Americas Securities LLC now owns 17,713 shares of the company’s stock worth $300,000 after purchasing an additional 3,627 shares during the period. Institutional investors own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of LBTYA opened at $18.99 on Friday. Liberty Global Ltd. has a 52-week low of $15.01 and a 52-week high of $20.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34. The business’s 50 day moving average price is $17.95 and its two-hundred day moving average price is $17.70.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share (EPS) for the quarter. Liberty Global had a negative return on equity of 10.72% and a negative net margin of 27.03%. The firm had revenue of $1.95 billion for the quarter. During the same period last year, the firm posted ($1.59) earnings per share. 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 topic of several research analyst reports. Barclays reduced their price objective on Liberty Global from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, May 3rd. Benchmark reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Thursday, July 25th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, July 12th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $24.58.

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.