ING Groep NV Decreases Stake in Liberty Global Ltd. (NASDAQ:LBTYA)

ING Groep NV trimmed its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 89.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 65,000 shares of the company's stock after selling 548,600 shares during the quarter. ING Groep NV's holdings in Liberty Global were worth $829,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of LBTYA. Blue Trust Inc. increased its stake in Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock valued at $38,000 after acquiring an additional 1,081 shares during the last quarter. Spire Wealth Management acquired a new stake in shares of Liberty Global in the 4th quarter valued at $59,000. Yousif Capital Management LLC bought a new position in shares of Liberty Global in the 4th quarter valued at $128,000. Clifford Capital Partners LLC bought a new position in shares of Liberty Global in the 3rd quarter valued at $227,000. Finally, DekaBank Deutsche Girozentrale raised its holdings in shares of Liberty Global by 62.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company's stock worth $227,000 after buying an additional 4,142 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Trading Up 0.5 %

Shares of NASDAQ:LBTYA traded up $0.06 during trading on Friday, reaching $11.56. The stock had a trading volume of 2,041,035 shares, compared to its average volume of 2,117,591. Liberty Global Ltd. has a 52 week low of $10.55 and a 52 week high of $21.56. The firm's fifty day moving average is $11.81 and its 200 day moving average is $15.95. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 2.76 and a beta of 1.24. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05.

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

Insider Activity at Liberty Global

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their position. The disclosure for this sale can be found here. 11.51% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LBTYA has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. UBS Group lowered shares of Liberty Global from a "buy" rating to a "neutral" rating and decreased their price target for the company from $23.00 to $13.00 in a report on Monday, November 18th. Sanford C. Bernstein downgraded shares of 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 research note on Thursday, January 23rd. Bank of America cut shares of Liberty Global from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $13.10 to $12.60 in a research note on Friday, December 6th. Finally, Barclays dropped their price target 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. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Liberty Global presently has an average rating of "Hold" and an average 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.