American Century Companies Inc. Makes New $9.40 Million Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

American Century Companies Inc. purchased a new position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 736,876 shares of the company's stock, valued at approximately $9,403,000. American Century Companies Inc. owned 0.21% of Liberty Global at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LBTYA. FMR LLC increased its holdings in shares of Liberty Global by 24.3% during the third quarter. FMR LLC now owns 430,439 shares of the company's stock valued at $9,087,000 after acquiring an additional 84,247 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Liberty Global by 98.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,796 shares of the company's stock worth $376,000 after buying an additional 8,848 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of Liberty Global in the third quarter valued at $445,000. Polymer Capital Management HK LTD acquired a new position in shares of Liberty Global during the third quarter valued at about $1,056,000. Finally, Point72 DIFC Ltd bought a new stake in shares of Liberty Global during the third quarter worth about $631,000. 37.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LBTYA. Sanford C. Bernstein cut shares of Liberty Global from an "outperform" rating to a "market perform" rating and dropped their price target for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft lowered their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Liberty Global presently has an average rating of "Hold" and an average price target of $17.43.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA traded down $0.12 during midday trading on Monday, reaching $10.18. The company's stock had a trading volume of 2,477,918 shares, compared to its average volume of 2,039,062. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The stock has a market capitalization of $3.55 billion, a P/E ratio of 2.43 and a beta of 1.25. The firm has a 50 day moving average price of $11.40 and a 200-day moving average price of $14.38. Liberty Global Ltd. has a 12-month low of $9.83 and a 12-month high of $21.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping the consensus estimate of ($0.92) by $7.25. The business had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. As a group, equities analysts predict that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

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.