BBR Partners LLC Raises Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

BBR Partners LLC lifted its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 140.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,000 shares of the company’s stock after buying an additional 35,000 shares during the quarter. BBR Partners LLC’s holdings in Liberty Global were worth $1,267,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LBTYA. EverSource Wealth Advisors LLC increased its stake in 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 buying an additional 601 shares in the last quarter. Blue Trust Inc. increased its position in shares of Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after purchasing an additional 975 shares in the last quarter. nVerses Capital LLC acquired a new position in Liberty Global in the 2nd quarter valued at $75,000. Whittier Trust Co. lifted its holdings 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 purchasing an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Liberty Global by 4,512.4% during the 2nd 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 last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Barclays decreased their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday. Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and dropped their price target for the company from $23.00 to $13.00 in a research report on Monday, November 18th. Benchmark reiterated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a research report on Tuesday, October 29th. Finally, Citigroup began coverage on Liberty Global in a report on Friday, August 9th. They issued a “buy” rating and a $25.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Liberty Global presently has a consensus rating of “Hold” and an average price target of $21.76.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $13.99 on Thursday. The firm has a market cap of $5.00 billion, a PE ratio of -1.38 and a beta of 1.18. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 52 week low of $10.93 and a 52 week high of $21.56. The business’s fifty day simple moving average is $19.01 and its 200-day simple moving average is $18.56.

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.