Algert Global LLC Grows Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Algert Global LLC increased its stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 780.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 315,211 shares of the company's stock after acquiring an additional 279,430 shares during the period. Algert Global LLC owned about 0.09% of Liberty Global worth $6,654,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC boosted its holdings in Liberty Global by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company's stock valued at $27,000 after acquiring an additional 601 shares in the last quarter. Blue Trust Inc. increased its position in shares of Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company's stock valued at $39,000 after buying an additional 975 shares during the period. nVerses Capital LLC bought a new position in Liberty Global in the second quarter worth about $75,000. Whittier Trust Co. lifted its holdings in Liberty Global by 21,707.3% in the second 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. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in 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 acquiring an additional 8,754 shares in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LBTYA. Bank of America upgraded shares of Liberty Global from an "underperform" rating to a "neutral" rating and upped their price objective for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Citigroup began coverage on Liberty Global in a research report on Friday, August 9th. They set a "buy" rating and a $25.00 price objective for the company. Benchmark reissued a "buy" rating and issued a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Finally, UBS Group lowered Liberty Global from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Liberty Global has an average rating of "Hold" and an average target price of $22.90.

Liberty Global Trading Up 0.5 %

LBTYA traded up $0.06 during trading on Friday, hitting $13.32. 3,025,509 shares of the stock were exchanged, compared to its average volume of 3,104,150. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a 50 day simple moving average of $19.41 and a 200 day simple moving average of $18.62. The firm has a market cap of $4.76 billion, a price-to-earnings ratio of -1.31 and a beta of 1.18. Liberty Global Ltd. has a 1 year low of $10.93 and a 1 year high of $21.56.

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.