UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Boosts Position in Liberty Global Ltd $LBTYA

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 0.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,865,128 shares of the company’s stock after buying an additional 20,771 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 1.41% of Liberty Global worth $55,998,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in LBTYA. CWM LLC grew its stake in Liberty Global by 81.5% in the first quarter. CWM LLC now owns 2,285 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares during the period. Private Advisor Group LLC grew its stake in Liberty Global by 11.8% in the first quarter. Private Advisor Group LLC now owns 20,163 shares of the company’s stock worth $232,000 after purchasing an additional 2,123 shares during the period. Turtle Creek Wealth Advisors LLC grew its stake in Liberty Global by 10.8% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 24,657 shares of the company’s stock worth $284,000 after purchasing an additional 2,406 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Liberty Global by 14.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 32,316 shares of the company’s stock worth $412,000 after purchasing an additional 4,128 shares during the period. Finally, Versant Capital Management Inc purchased a new stake in Liberty Global in the first quarter worth $50,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 60,000 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total value of $678,600.00. Following the transaction, the chief financial officer owned 33,220 shares of the company’s stock, valued at approximately $375,718.20. This represents a 64.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Jason Waldron sold 34,380 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $11.55, for a total value of $397,089.00. Following the completion of the transaction, the chief accounting officer directly owned 8,383 shares in the company, valued at approximately $96,823.65. This represents a 80.40% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 136,980 shares of company stock valued at $1,577,091. 13.29% of the stock is owned by company insiders.

Liberty Global Trading Down 0.4%

Shares of NASDAQ:LBTYA opened at $11.90 on Monday. The company has a market cap of $4.05 billion, a P/E ratio of -1.22 and a beta of 1.17. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. Liberty Global Ltd has a 1 year low of $9.02 and a 1 year high of $21.56. The stock’s fifty day moving average price is $10.91 and its 200-day moving average price is $10.59.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.55) by ($7.54). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.20 billion. Sell-side analysts expect that Liberty Global Ltd will post -1.35 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently weighed in on LBTYA. Benchmark reaffirmed a “buy” rating and issued a $21.00 price target (up from $18.00) on shares of Liberty Global in a research note on Monday, August 4th. Zacks Research raised Liberty Global to a “hold” rating in a research note on Wednesday, September 3rd. Citigroup cut their target price on Liberty Global from $13.00 to $11.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 28th. Berenberg Bank raised Liberty Global to a “hold” rating in a research note on Thursday, June 26th. Finally, UBS Group increased their target price on Liberty Global from $10.60 to $11.80 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $14.26.

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.