Thompson Siegel & Walmsley LLC reduced its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) by 9.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,902,635 shares of the company’s stock after selling 308,117 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Liberty Global were worth $37,038,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. ING Groep NV acquired a new stake in Liberty Global in the 3rd quarter valued at $12,953,000. Empowered Funds LLC bought a new stake in Liberty Global in the third quarter valued at approximately $638,000. Algert Global LLC boosted its stake in shares of Liberty Global by 780.9% during the 3rd quarter. Algert Global LLC now owns 315,211 shares of the company’s stock worth $6,654,000 after acquiring an additional 279,430 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Liberty Global in the 3rd quarter valued at $452,000. Finally, Mirabella Financial Services LLP increased its holdings in shares of Liberty Global by 16.6% in the third quarter. Mirabella Financial Services LLP now owns 2,113,665 shares of the company’s stock valued at $44,619,000 after purchasing an additional 300,305 shares during the last quarter. 37.20% of the stock is owned by institutional investors.
Liberty Global Stock Performance
Shares of Liberty Global stock opened at $11.36 on Thursday. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 2.71 and a beta of 1.27. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a twelve month low of $10.55 and a twelve month high of $21.56. The company’s fifty day moving average is $11.63 and its 200 day moving average is $15.47.
Insider Buying and Selling at Liberty Global
In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the transaction, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 11.51% of the company’s stock.
Analyst Ratings Changes
LBTYA has been the topic of several research reports. 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, November 25th. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Deutsche Bank Aktiengesellschaft reduced 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 note on Wednesday, January 29th. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. Finally, UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $23.00 to $13.00 in a research report on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $17.75.
Read Our Latest Stock Report on LBTYA
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.
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