UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 4,485,823 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 2,799.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,646,088 shares of the company's stock after buying an additional 4,485,823 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.30% of Liberty Global worth $98,079,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of LBTYA. ING Groep NV purchased a new position in Liberty Global in the 3rd quarter worth about $12,953,000. Scientech Research LLC acquired a new stake in Liberty Global during the 2nd quarter valued at approximately $1,390,000. Amalgamated Bank acquired a new stake in shares of Liberty Global in the second quarter worth $480,000. Algert Global LLC purchased a new position in shares of Liberty Global during the second quarter worth $624,000. Finally, First Foundation Advisors acquired a new position in Liberty Global during the second quarter valued at $763,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Down 0.2 %

Shares of NASDAQ:LBTYA traded down $0.03 on Monday, reaching $14.10. The company had a trading volume of 2,593,594 shares, compared to its average volume of 1,857,590. 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 stock has a market capitalization of $5.04 billion, a P/E ratio of -1.39 and a beta of 1.18. The stock has a 50-day moving average price of $18.61 and a 200 day moving average price of $18.51. Liberty Global Ltd. has a twelve month low of $10.93 and a twelve month high of $21.56.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Citigroup began 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. Barclays cut their price objective on shares of Liberty Global from $20.00 to $12.00 and set an "equal weight" rating for the company in a report on Monday, November 25th. UBS Group lowered Liberty Global from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Bank of America upgraded Liberty Global from an "underperform" rating to a "neutral" rating and lifted their price target for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Benchmark reissued a "buy" rating and issued a $27.00 price target on shares of Liberty Global in a research note on Tuesday, October 29th. 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 MarketBeat, the company has an average rating of "Hold" and an average price target of $21.76.

About Liberty Global

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.