Private Advisor Group LLC increased its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) by 8.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,113 shares of the company’s stock after purchasing an additional 835 shares during the quarter. Private Advisor Group LLC’s holdings in Liberty Global were worth $235,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its stake in Liberty Global by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after purchasing an additional 601 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of 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 acquired a new position in Liberty Global during the 2nd quarter worth about $75,000. Central Pacific Bank Trust Division purchased a new position in Liberty Global during the 1st quarter valued at about $91,000. Finally, Whittier Trust Co. grew its position in Liberty Global by 21,707.3% in the 2nd 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 in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have commented on the stock. Citigroup started coverage on shares of Liberty Global in a research report on Friday, August 9th. They issued a “buy” rating and a $25.00 price target for the company. Deutsche Bank Aktiengesellschaft lifted their target price 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 upgraded Liberty Global from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Benchmark reiterated a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $24.26.
Liberty Global Stock Performance
Shares of LBTYA opened at $19.83 on Friday. The stock has a market capitalization of $7.25 billion, a P/E ratio of -1.95 and a beta of 1.18. 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 Ltd. has a 1 year low of $15.32 and a 1 year high of $21.56. The company’s fifty day moving average is $20.49 and its two-hundred day moving average is $18.73.
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.
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