Liberty Global Ltd. (NASDAQ:LBTYA) Stock Holdings Lifted by Verition Fund Management LLC

Verition Fund Management LLC boosted its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 746.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 262,223 shares of the company's stock after purchasing an additional 231,243 shares during the quarter. Verition Fund Management LLC owned approximately 0.07% of Liberty Global worth $5,536,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Rubric Capital Management LP grew its stake in shares of Liberty Global by 43.7% during the 2nd quarter. Rubric Capital Management LP now owns 5,526,107 shares of the company's stock worth $96,320,000 after purchasing an additional 1,680,756 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Liberty Global by 2,799.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company's stock worth $98,079,000 after acquiring an additional 4,485,823 shares during the period. Thompson Siegel & Walmsley LLC boosted its stake in shares of Liberty Global by 2.3% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 3,658,338 shares of the company's stock worth $63,765,000 after acquiring an additional 82,560 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Liberty Global by 4.0% during the 1st quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company's stock valued at $58,316,000 after acquiring an additional 131,077 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Liberty Global by 212.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company's stock valued at $57,336,000 after purchasing an additional 2,236,696 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LBTYA has been the topic of several research reports. Bank of America upgraded Liberty Global from an "underperform" rating to a "neutral" rating and raised their target price for the company from $15.50 to $21.30 in a research report on Monday, August 12th. Benchmark reaffirmed a "buy" rating and set a $27.00 target price on shares of Liberty Global in a report on Tuesday, October 29th. Citigroup assumed coverage on shares of 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. Finally, UBS Group cut Liberty Global from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $21.76.

Insider Buying and Selling

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction dated 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 completion of the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This represents a 61.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 11.51% of the company's stock.

Liberty Global Stock Performance

NASDAQ:LBTYA traded down $0.29 during trading hours on Tuesday, reaching $13.81. 3,057,213 shares of the stock were exchanged, compared to its average volume of 1,862,802. The stock has a market capitalization of $4.94 billion, a P/E ratio of -1.36 and a beta of 1.24. Liberty Global Ltd. has a 52 week low of $10.93 and a 52 week high of $21.56. The firm has a 50 day simple moving average of $18.46 and a 200-day simple moving average of $18.48. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

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.