Thompson Siegel & Walmsley LLC lowered its stake in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 12.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,210,752 shares of the company's stock after selling 447,586 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.90% of Liberty Global worth $67,779,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its stake 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 worth $27,000 after acquiring an additional 601 shares during the period. Blue Trust Inc. boosted 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 valued at $39,000 after buying an additional 975 shares during the period. nVerses Capital LLC bought a new position in Liberty Global in the 2nd quarter worth about $75,000. Whittier Trust Co. grew its stake in Liberty Global by 21,707.3% in the second quarter. Whittier Trust Co. now owns 8,941 shares of the company's stock worth $156,000 after purchasing an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings 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 worth $156,000 after purchasing an additional 8,754 shares during the period. 37.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on LBTYA shares. Citigroup assumed coverage on Liberty Global in a research report on Friday, August 9th. They set a "buy" rating and a $25.00 price target on the stock. Benchmark reissued a "buy" rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. UBS Group downgraded Liberty Global from a "buy" rating to a "neutral" rating and cut their price target for the company from $23.00 to $13.00 in a report on Monday. Finally, Bank of America raised Liberty Global from an "underperform" rating to a "neutral" rating and raised their price objective for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $22.90.
Get Our Latest Research Report on LBTYA
Liberty Global Trading Up 3.8 %
NASDAQ LBTYA opened at $13.27 on Thursday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a fifty day simple moving average of $19.67 and a two-hundred day simple moving average of $18.67. Liberty Global Ltd. has a 12-month low of $10.93 and a 12-month high of $21.56.
About Liberty Global
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.