Liberty Global Ltd. (NASDAQ:LBTYA) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 110.3% in the third quarter, HoldingsChannel.com reports. The firm owned 1,859 shares of the company’s stock after buying an additional 975 shares during the quarter. Blue Trust Inc.’s holdings in Liberty Global were worth $39,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Rubric Capital Management LP grew its position in shares of Liberty Global by 43.7% in the second quarter. Rubric Capital Management LP now owns 5,526,107 shares of the company’s stock valued at $96,320,000 after purchasing an additional 1,680,756 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in shares of Liberty Global by 2.3% during the second quarter. Thompson Siegel & Walmsley LLC now owns 3,658,338 shares of the company’s stock worth $63,765,000 after purchasing an additional 82,560 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Liberty Global by 4.0% during the first quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock worth $58,316,000 after buying an additional 131,077 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in 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. Finally, ACR Alpine Capital Research LLC lifted its position in shares of Liberty Global by 11.5% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 3,058,910 shares of the company’s stock valued at $53,317,000 after acquiring an additional 314,726 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ:LBTYA opened at $20.51 on Friday. The firm’s 50 day moving average is $20.44 and its two-hundred day moving average is $18.63. Liberty Global Ltd. has a 52 week low of $15.29 and a 52 week high of $21.56. The firm has a market capitalization of $7.50 billion, a P/E ratio of -2.02 and a beta of 1.17. The company has a current ratio of 1.19, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80.

Wall Street Analysts Forecast Growth

LBTYA has been the subject of several research reports. Citigroup started coverage on Liberty Global in a research report on Friday, August 9th. They set a “buy” rating and a $25.00 price objective for the company. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Bank of America upgraded shares of Liberty Global from an “underperform” rating to a “neutral” rating and upped their target price for the company from $15.50 to $21.30 in a research note on Monday, August 12th. Finally, Benchmark restated a “buy” rating and issued a $27.00 price target on shares of Liberty Global in a research note on Tuesday. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.26.

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.