Turtle Creek Wealth Advisors LLC Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

Turtle Creek Wealth Advisors LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 22,251 shares of the company’s stock, valued at approximately $284,000.

A number of other institutional investors also recently bought and sold shares of LBTYA. Blue Trust Inc. boosted its stake in shares of Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after buying an additional 1,081 shares in the last quarter. DekaBank Deutsche Girozentrale increased its holdings in Liberty Global by 62.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock valued at $227,000 after acquiring an additional 4,142 shares in the last quarter. Clifford Capital Partners LLC acquired a new position in shares of Liberty Global during the 3rd quarter worth approximately $227,000. Private Advisor Group LLC boosted its stake in shares of Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after acquiring an additional 835 shares during the last quarter. Finally, Stifel Financial Corp increased its position in Liberty Global by 8.2% during the 3rd quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock worth $268,000 after purchasing an additional 968 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Down 1.8 %

NASDAQ LBTYA opened at $11.55 on Friday. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of -1.14 and a beta of 1.25. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. Liberty Global Ltd. has a one year low of $10.93 and a one year high of $21.56. The company’s 50 day moving average price is $12.64 and its 200 day moving average price is $17.03.

Wall Street Analysts Forecast Growth

LBTYA has been the topic of a number of recent analyst reports. 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 note on Monday, November 25th. Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and decreased their price target for the stock 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 dropped their price objective for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday. One 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. According to data from MarketBeat, Liberty Global currently has an average rating of “Hold” and an average price target of $17.75.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.51% of the stock is currently owned by corporate insiders.

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.