New York State Common Retirement Fund Has $3.95 Million Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

New York State Common Retirement Fund decreased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 3.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 309,153 shares of the company’s stock after selling 10,000 shares during the quarter. New York State Common Retirement Fund’s holdings in Liberty Global were worth $3,945,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in 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 buying an additional 975 shares in the last quarter. Spire Wealth Management acquired a new position in shares of Liberty Global in the 4th quarter valued at $59,000. Yousif Capital Management LLC acquired a new position in shares of Liberty Global in the 4th quarter valued at $128,000. Clifford Capital Partners LLC acquired a new position in shares of Liberty Global in the 3rd quarter valued at $227,000. Finally, DekaBank Deutsche Girozentrale lifted its stake in shares of Liberty Global by 62.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock valued at $227,000 after purchasing an additional 4,142 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Wall Street Analysts Forecast Growth

LBTYA has been the topic of a number of analyst reports. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and cut their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Barclays cut their price target on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, November 25th. Sanford C. Bernstein downgraded Liberty Global from an “outperform” rating to a “market perform” rating and cut their price target for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft dropped their price objective on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Finally, UBS Group downgraded Liberty Global from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. One equities research 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’s stock. Based on data from MarketBeat, Liberty Global has an average rating of “Hold” and a consensus price target of $17.75.

Liberty Global Price Performance

LBTYA stock opened at $11.56 on Friday. The stock has a 50-day moving average price of $11.80 and a two-hundred day moving average price of $15.90. The stock has a market cap of $4.13 billion, a PE ratio of 2.76 and a beta of 1.24. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 1 year low of $10.55 and a 1 year high of $21.56.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. Equities analysts forecast that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the transaction, the insider now owns 16,153 shares in the company, valued at $209,019.82. This trade represents a 77.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 completion of the transaction, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 11.51% of the company’s stock.

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.