Quantinno Capital Management LP Invests $368,000 in Liberty Global Ltd. (NASDAQ:LBTYA)

Quantinno Capital Management LP purchased a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 17,433 shares of the company’s stock, valued at approximately $368,000.

A number of other institutional investors also recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC boosted its position in shares of Liberty Global by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after buying an additional 601 shares during the period. Blue Trust Inc. lifted its stake in shares of Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after acquiring an additional 975 shares during the last quarter. nVerses Capital LLC purchased a new position in Liberty Global during the 2nd quarter valued at $75,000. 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 during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Liberty Global by 4,512.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock worth $156,000 after purchasing an additional 8,754 shares during the period. 37.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s 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 sale, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.51% of the stock is owned by company insiders.

Liberty Global Price Performance

NASDAQ LBTYA opened at $13.00 on Monday. The company has a market cap of $4.65 billion, a PE ratio of -1.28 and a beta of 1.24. The firm’s 50 day moving average price is $17.19 and its 200-day moving average price is $18.30. 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 52-week low of $10.93 and a 52-week high of $21.56.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on LBTYA shares. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Barclays reduced their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.00 to $13.00 in a report on Monday, November 18th. Finally, Benchmark restated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $18.94.

Liberty Global Company 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.