Mirabella Financial Services LLP increased its holdings in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 16.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,113,665 shares of the company's stock after purchasing an additional 300,305 shares during the quarter. Liberty Global accounts for about 2.9% of Mirabella Financial Services LLP's holdings, making the stock its 9th largest holding. Mirabella Financial Services LLP owned 0.59% of Liberty Global worth $44,619,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in shares of 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 purchasing an additional 601 shares during the period. Blue Trust Inc. boosted its holdings 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 buying an additional 975 shares during the last quarter. nVerses Capital LLC purchased a new stake in Liberty Global during the 2nd quarter worth approximately $75,000. Whittier Trust Co. raised its holdings in shares of Liberty Global by 21,707.3% during 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 during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of 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. Hedge funds and other institutional investors own 37.20% of the company's stock.
Wall Street Analysts Forecast Growth
LBTYA has been the subject of several recent research reports. UBS Group downgraded Liberty Global from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Benchmark restated a "buy" rating and set a $27.00 price target on shares of Liberty Global in a research report on Tuesday, October 29th. Bank of America upgraded shares of Liberty Global from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $15.50 to $21.30 in a report on Monday, August 12th. Barclays lowered their target price on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a report on Monday. Finally, Citigroup assumed coverage on Liberty Global in a report on Friday, August 9th. They issued a "buy" rating and a $25.00 price target for the company. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $21.76.
Read Our Latest Research Report on LBTYA
Liberty Global Trading Up 1.7 %
Shares of NASDAQ LBTYA traded up $0.22 during midday trading on Monday, reaching $13.54. 2,324,881 shares of the stock were exchanged, compared to its average volume of 1,855,791. Liberty Global Ltd. has a twelve month low of $10.93 and a twelve month high of $21.56. The stock has a market capitalization of $4.84 billion, a P/E ratio of -1.33 and a beta of 1.18. The company has a 50 day simple moving average of $19.41 and a 200 day simple moving average of $18.64. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.
Liberty Global Company Profile
(
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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