Liberty Global Ltd. (NASDAQ:LBTYA) Shares Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 44.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,222 shares of the company's stock after purchasing an additional 30,190 shares during the period. Illinois Municipal Retirement Fund's holdings in Liberty Global were worth $1,253,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Barclays PLC lifted its position in Liberty Global by 153.2% during the third quarter. Barclays PLC now owns 496,045 shares of the company's stock worth $10,471,000 after purchasing an additional 300,126 shares during the period. ING Groep NV bought a new stake in shares of Liberty Global during the 3rd quarter worth approximately $12,953,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Liberty Global by 2,799.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company's stock worth $98,079,000 after acquiring an additional 4,485,823 shares during the period. State Street Corp boosted its position in shares of Liberty Global by 36.8% during the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after acquiring an additional 705,780 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Liberty Global by 2.2% in the third 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. 37.20% of the stock is owned by institutional investors.

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Liberty Global Stock Up 2.6 %

Shares of NASDAQ:LBTYA traded up $0.29 during mid-day trading on Wednesday, hitting $11.58. 3,439,117 shares of the company traded hands, compared to its average volume of 2,129,758. The stock has a market cap of $4.04 billion, a P/E ratio of 2.76 and a beta of 1.24. The stock has a 50-day moving average price of $11.74 and a two-hundred day moving average price of $15.73. Liberty Global Ltd. has a 12-month low of $10.55 and a 12-month high of $21.56. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.92) by $7.25. The business 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 forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

Insider Activity

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business's stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares of the company's stock, valued at approximately $209,019.82. The trade was a 77.92 % 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 owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on LBTYA shares. Bank of America downgraded Liberty Global from a "neutral" rating to an "underperform" rating and reduced their target price for the company from $13.10 to $12.60 in a report on Friday, December 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research note on Wednesday, January 29th. Barclays lowered their target price on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating for the company in a research note on Monday, November 25th. UBS Group downgraded shares of Liberty Global from a "buy" rating to a "neutral" rating and reduced their price target for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Sanford C. Bernstein cut shares of Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $17.75.

Liberty Global 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.