Blue Trust Inc. Boosts Stock Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Blue Trust Inc. boosted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 58.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,940 shares of the company’s stock after acquiring an additional 1,081 shares during the quarter. Blue Trust Inc.’s holdings in Liberty Global were worth $38,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC boosted its position in shares of Liberty Global by 153.2% during the 3rd quarter. Barclays PLC now owns 496,045 shares of the company’s stock worth $10,471,000 after acquiring an additional 300,126 shares in the last quarter. ING Groep NV acquired a new position in Liberty Global in the 3rd quarter valued at $12,953,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Liberty Global by 2,799.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock worth $98,079,000 after purchasing an additional 4,485,823 shares in the last quarter. State Street Corp lifted its holdings in shares of Liberty Global by 36.8% in the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company’s stock valued at $55,399,000 after buying an additional 705,780 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Liberty Global by 2.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock valued at $595,000 after acquiring an additional 606 shares during the period. 37.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Liberty Global 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 transaction, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.51% of the stock is currently owned by company insiders.

Liberty Global Stock Down 0.4 %

LBTYA stock opened at $11.30 on Monday. 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 firm has a 50 day simple moving average of $12.34 and a 200-day simple moving average of $16.69. The company has a market capitalization of $4.04 billion, a P/E ratio of -1.11 and a beta of 1.24. Liberty Global Ltd. has a twelve month low of $10.93 and a twelve month high of $21.56.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LBTYA shares. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Barclays lowered their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Benchmark reissued a “buy” rating and set a $27.00 price target on shares of Liberty Global in a research note on Tuesday, October 29th. Finally, Bank of America downgraded 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. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $17.75.

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.