HighTower Advisors LLC Invests $445,000 in Liberty Global Ltd. (NASDAQ:LBTYA)

HighTower Advisors LLC acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the third quarter, according to its most recent filing with the SEC. The fund acquired 21,166 shares of the company’s stock, valued at approximately $445,000.

A number of other institutional investors have also added to or reduced their stakes in LBTYA. EverSource Wealth Advisors LLC grew its stake in Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after buying an additional 601 shares in the last quarter. Blue Trust Inc. boosted 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 valued at $39,000 after acquiring an additional 975 shares during the period. nVerses Capital LLC bought a new stake in Liberty Global during the 2nd quarter valued at $75,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Liberty Global by 4,512.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after acquiring an additional 8,754 shares during the last quarter. Finally, Whittier Trust Co. grew its position in shares of Liberty Global by 21,707.3% in the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock worth $156,000 after buying an additional 8,900 shares during the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 11.51% of the company’s stock.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYA opened at $12.46 on Friday. Liberty Global Ltd. has a 12 month low of $10.93 and a 12 month high of $21.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $4.45 billion, a price-to-earnings ratio of -1.23 and a beta of 1.24. The firm’s 50-day moving average is $16.37 and its 200 day moving average is $18.14.

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.