Hall Kathryn A. purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 80,575 shares of the company's stock, valued at approximately $1,701,000.
Several other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Liberty Global by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company's stock valued at $27,000 after purchasing an additional 601 shares during the period. Blue Trust Inc. raised its holdings in Liberty Global by 110.3% in the third quarter. Blue Trust Inc. now owns 1,859 shares of the company's stock valued at $39,000 after acquiring an additional 975 shares in the last quarter. nVerses Capital LLC acquired a new stake in Liberty Global in the second quarter valued at $75,000. Whittier Trust Co. raised 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 valued at $156,000 after acquiring an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Liberty Global by 4,512.4% in the second 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 owned by institutional investors and hedge funds.
Liberty Global Stock Down 2.1 %
NASDAQ:LBTYA traded down $0.29 during mid-day trading on Tuesday, reaching $13.81. The stock had a trading volume of 3,071,965 shares, compared to its average volume of 1,862,802. Liberty Global Ltd. has a fifty-two week low of $10.93 and a fifty-two week high of $21.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The business's 50 day moving average is $18.61 and its 200 day moving average is $18.51.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on the stock. Barclays cut their price target on shares of Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a report on Monday, November 25th. Citigroup assumed coverage on shares of Liberty Global in a research note on Friday, August 9th. They set a "buy" rating and a $25.00 target price for the company. Bank of America upgraded shares of Liberty Global from an "underperform" rating to a "neutral" rating and boosted their target price for the company from $15.50 to $21.30 in a research note on Monday, August 12th. Benchmark reiterated a "buy" rating and set a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Finally, UBS Group lowered shares of Liberty Global from a "buy" rating to a "neutral" rating and lowered their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $21.76.
Check Out Our Latest Stock Analysis on Liberty Global
Insider Activity
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 value of $1,224,539.68. Following the sale, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 11.51% of the stock is currently owned by corporate insiders.
Liberty Global Profile
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Free Report)
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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