Liberty Global Ltd. (NASDAQ:LBTYA) is Lancaster Investment Management's Largest Position

Lancaster Investment Management lowered its stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 17.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,473,000 shares of the company's stock after selling 508,000 shares during the quarter. Liberty Global makes up 32.7% of Lancaster Investment Management's investment portfolio, making the stock its largest position. Lancaster Investment Management owned about 0.68% of Liberty Global worth $52,205,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. 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 valued at $27,000 after acquiring an additional 601 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Liberty Global by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company's stock worth $595,000 after buying an additional 606 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company's stock worth $235,000 after acquiring an additional 835 shares in the last quarter. Blue Trust Inc. raised its position in Liberty Global by 110.3% in 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. Finally, Stratos Wealth Advisors LLC grew its stake in shares of Liberty Global by 4.1% during the third quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company's stock valued at $625,000 after buying an additional 1,162 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Shares of Liberty Global stock traded up $0.23 during trading on Friday, hitting $20.06. 2,377,507 shares of the company's stock were exchanged, compared to its average volume of 1,763,934. Liberty Global Ltd. has a 52-week low of $15.32 and a 52-week high of $21.56. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of -1.98 and a beta of 1.18. The business has a 50-day simple moving average of $20.51 and a 200-day simple moving average of $18.76.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LBTYA shares. Deutsche Bank Aktiengesellschaft boosted their price target on Liberty Global from $33.00 to $34.00 and gave the company a "buy" rating in a report on Friday, July 12th. Bank of America raised Liberty Global from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Citigroup assumed coverage on Liberty Global in a research note on Friday, August 9th. They issued a "buy" rating and a $25.00 price target on the stock. Finally, Benchmark restated a "buy" rating and issued a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $24.26.

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.