Healthcare of Ontario Pension Plan Trust Fund Purchases New Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 147,300 shares of the company's stock, valued at approximately $3,110,000.

Several other hedge funds also recently added to or reduced their stakes in LBTYA. EverSource Wealth Advisors LLC increased its stake in Liberty Global by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company's stock worth $27,000 after purchasing an additional 601 shares during the period. Blue Trust Inc. increased its holdings in Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company's stock worth $39,000 after purchasing an additional 975 shares during the period. nVerses Capital LLC purchased a new stake in shares of Liberty Global in the 2nd quarter worth $75,000. Whittier Trust Co. grew its position in shares of Liberty Global by 21,707.3% during the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company's stock worth $156,000 after buying an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased 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 purchasing an additional 8,754 shares during the period. 37.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LBTYA. Barclays cut their price target 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. Citigroup started coverage on shares of Liberty Global in a research report on Friday, August 9th. They set a "buy" rating and a $25.00 price target for the company. UBS Group downgraded shares of Liberty Global from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Bank of America raised shares of Liberty Global from an "underperform" rating to a "neutral" rating and increased their target price for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Finally, Benchmark restated a "buy" rating and issued a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $21.76.

Liberty Global Stock Up 1.0 %

LBTYA traded up $0.14 during midday trading on Friday, hitting $14.13. 1,239,053 shares of the company were exchanged, compared to its average volume of 3,085,635. The company's 50 day simple moving average is $18.75 and its 200 day simple moving average is $18.52. Liberty Global Ltd. has a 1-year low of $10.93 and a 1-year high of $21.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19.

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.