Liberty Global Ltd. (NASDAQ:LBTYA) Shares Purchased by Rubric Capital Management LP

Rubric Capital Management LP boosted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 0.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,530,901 shares of the company’s stock after buying an additional 4,794 shares during the period. Liberty Global accounts for 1.9% of Rubric Capital Management LP’s investment portfolio, making the stock its 10th largest position. Rubric Capital Management LP owned 1.55% of Liberty Global worth $116,757,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in LBTYA. EverSource Wealth Advisors LLC grew its holdings in shares of Liberty Global by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after purchasing an additional 601 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Liberty Global by 2.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock worth $595,000 after purchasing an additional 606 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Liberty Global by 8.1% in the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after buying an additional 835 shares in the last quarter. Blue Trust Inc. lifted its stake 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 acquiring an additional 975 shares in the last quarter. Finally, Stratos Wealth Advisors LLC grew its position in Liberty Global by 4.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock valued at $625,000 after acquiring an additional 1,162 shares in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Trading Up 1.6 %

NASDAQ:LBTYA opened at $13.76 on Wednesday. Liberty Global Ltd. has a 52-week low of $10.93 and a 52-week high of $21.56. The stock’s 50 day moving average price is $19.14 and its 200 day moving average price is $18.59. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Analysts Set New Price Targets

Several research firms have recently commented on LBTYA. Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $15.50 to $21.30 in a research note on Monday, August 12th. UBS Group cut 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. Benchmark reissued a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Barclays reduced their price target on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday. Finally, Citigroup started coverage on shares of Liberty Global in a research note on Friday, August 9th. They set a “buy” rating and a $25.00 target price on the stock. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $21.76.

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.