Franklin Resources Inc. Has $33.94 Million Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

Franklin Resources Inc. raised its holdings in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 65.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,659,730 shares of the company's stock after purchasing an additional 1,051,458 shares during the quarter. Franklin Resources Inc. owned approximately 0.74% of Liberty Global worth $33,938,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in LBTYA. FMR LLC grew its stake 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 purchasing an additional 84,247 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Liberty Global by 98.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,796 shares of the company's stock valued at $376,000 after acquiring an additional 8,848 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Liberty Global in the third quarter worth about $445,000. Quantinno Capital Management LP bought a new stake in Liberty Global during the 3rd quarter worth about $368,000. Finally, Stifel Financial Corp boosted its stake in shares of Liberty Global by 8.2% in the 3rd quarter. Stifel Financial Corp now owns 12,717 shares of the company's stock valued at $268,000 after purchasing an additional 968 shares during the last quarter. Institutional investors own 37.20% of the company's stock.

Liberty Global Stock Down 1.8 %

LBTYA stock traded down $0.19 during trading hours on Thursday, reaching $10.45. 367,525 shares of the stock were exchanged, compared to its average volume of 2,042,420. Liberty Global Ltd. has a 12 month low of $9.84 and a 12 month high of $21.56. 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 company has a market cap of $3.64 billion, a price-to-earnings ratio of 2.49 and a beta of 1.25. The firm's 50-day moving average is $11.29 and its 200-day moving average is $14.18.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating analysts' consensus estimates of ($0.92) by $7.25. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, equities research analysts expect that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.