Entropy Technologies LP Cuts Holdings in Liberty Global Ltd $LBTYA

Entropy Technologies LP trimmed its position in Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 56.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 50,126 shares of the company's stock after selling 64,129 shares during the quarter. Entropy Technologies LP's holdings in Liberty Global were worth $502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC increased its stake in Liberty Global by 81.5% in the 1st quarter. CWM LLC now owns 2,285 shares of the company's stock worth $26,000 after acquiring an additional 1,026 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Liberty Global by 4.0% in the second quarter. Envestnet Asset Management Inc. now owns 30,107 shares of the company's stock worth $301,000 after purchasing an additional 1,153 shares during the last quarter. Private Advisor Group LLC raised its stake in Liberty Global by 11.8% during the first quarter. Private Advisor Group LLC now owns 20,163 shares of the company's stock valued at $232,000 after purchasing an additional 2,123 shares in the last quarter. Accurate Wealth Management LLC lifted its position in Liberty Global by 7.3% during the second quarter. Accurate Wealth Management LLC now owns 37,035 shares of the company's stock valued at $379,000 after purchasing an additional 2,505 shares during the last quarter. Finally, Fullcircle Wealth LLC grew its stake in shares of Liberty Global by 4.5% in the 2nd quarter. Fullcircle Wealth LLC now owns 58,237 shares of the company's stock worth $634,000 after buying an additional 2,513 shares in the last quarter. 37.20% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Liberty Global in a research report on Wednesday, October 8th. Zacks Research upgraded Liberty Global to a "hold" rating in a research report on Wednesday, September 3rd. UBS Group lifted their target price on Liberty Global from $10.60 to $11.80 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Finally, Benchmark reissued a "buy" rating and set a $21.00 target price (up previously from $18.00) on shares of Liberty Global in a research report on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $14.26.

Get Our Latest Stock Analysis on LBTYA

Liberty Global Trading Down 0.2%

LBTYA opened at $11.01 on Tuesday. Liberty Global Ltd has a one year low of $9.02 and a one year high of $14.30. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $3.71 billion, a price-to-earnings ratio of -1.13 and a beta of 1.12. The stock's 50 day moving average price is $11.13 and its 200-day moving average price is $10.66.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.45 by ($1.72). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The business had revenue of $1.21 billion for the quarter, compared to analysts' expectations of $1.23 billion. On average, equities analysts forecast that Liberty Global Ltd will post -1.35 EPS for the current year.

About Liberty Global

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.

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