ARGA Investment Management LP Buys 423,526 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

ARGA Investment Management LP increased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 72.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,010,732 shares of the company's stock after acquiring an additional 423,526 shares during the quarter. Liberty Global comprises about 0.4% of ARGA Investment Management LP's investment portfolio, making the stock its 25th largest position. ARGA Investment Management LP owned approximately 0.28% of Liberty Global worth $12,897,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Stratos Wealth Advisors LLC raised its position in shares of Liberty Global by 4.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company's stock valued at $625,000 after acquiring an additional 1,162 shares during the last quarter. Blue Trust Inc. raised its position in shares of Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company's stock valued at $39,000 after acquiring an additional 975 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of Liberty Global during the 3rd quarter valued at $433,000. Private Advisor Group LLC raised its position in shares of Liberty Global by 8.1% during the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company's stock valued at $235,000 after acquiring an additional 835 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Liberty Global by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company's stock valued at $595,000 after acquiring an additional 606 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on LBTYA shares. Sanford C. Bernstein downgraded shares of Liberty Global from an "outperform" rating to a "market perform" rating and lowered their target price for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Barclays cut their price objective on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a report on Monday, November 25th. UBS Group lowered Liberty Global from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $23.00 to $13.00 in a research report on Monday, November 18th. Bank of America lowered Liberty Global from a "neutral" rating to an "underperform" rating and decreased their price objective for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Finally, Benchmark restated a "buy" rating and issued a $27.00 price target on shares of Liberty Global in a report on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $17.75.

Liberty Global Stock Down 0.4 %

NASDAQ:LBTYA traded down $0.05 on Friday, hitting $11.30. 1,520,277 shares of the company's stock were exchanged, compared to its average volume of 1,543,155. The firm has a 50-day moving average price of $12.34 and a 200-day moving average price of $16.71. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global Ltd. has a 52 week low of $10.93 and a 52 week high of $21.56. The company has a market cap of $4.04 billion, a P/E ratio of -1.11 and a beta of 1.24.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares of the company's stock, valued at $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 11.51% of the company's stock.

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.