MUFG Securities EMEA plc Purchases New Shares in Liberty Global Ltd $LBTYA

MUFG Securities EMEA plc acquired a new position in shares of Liberty Global Ltd (NASDAQ:LBTYA) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 808,999 shares of the company’s stock, valued at approximately $8,098,000. MUFG Securities EMEA plc owned 0.23% of Liberty Global as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. CWM LLC increased its stake in shares of Liberty Global by 81.5% during the first quarter. CWM LLC now owns 2,285 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Liberty Global by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,107 shares of the company’s stock worth $301,000 after buying an additional 1,153 shares during the last quarter. Private Advisor Group LLC increased its stake in Liberty Global by 11.8% during the 1st quarter. Private Advisor Group LLC now owns 20,163 shares of the company’s stock worth $232,000 after buying an additional 2,123 shares in the last quarter. Turtle Creek Wealth Advisors LLC raised its holdings in shares of Liberty Global by 10.8% during the first quarter. Turtle Creek Wealth Advisors LLC now owns 24,657 shares of the company’s stock valued at $284,000 after acquiring an additional 2,406 shares during the last quarter. Finally, Accurate Wealth Management LLC lifted its position in shares of Liberty Global by 7.3% in the second quarter. Accurate Wealth Management LLC now owns 37,035 shares of the company’s stock valued at $379,000 after acquiring an additional 2,505 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Benchmark reissued a “buy” rating and issued a $21.00 price objective (up from $18.00) on shares of Liberty Global in a research note on Monday, August 4th. UBS Group increased their target price on shares of Liberty Global from $10.60 to $11.80 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Wednesday, October 8th. Finally, Zacks Research raised shares of Liberty Global to a “hold” rating in a research note on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $14.26.

Liberty Global Stock Up 0.3%

Shares of LBTYA opened at $11.00 on Friday. Liberty Global Ltd has a 52-week low of $9.02 and a 52-week high of $20.88. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The stock has a fifty day simple moving average of $11.43 and a two-hundred day simple moving average of $10.61. The company has a market capitalization of $3.75 billion, a PE ratio of -1.13 and a beta of 1.15.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings results on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $1.45 by ($1.72). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The firm had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.23 billion. As a group, equities analysts forecast that Liberty Global Ltd will post -1.35 EPS for the current year.

Insider Buying and Selling at Liberty Global

In other news, Director Miranda Curtis sold 42,600 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $11.77, for a total value of $501,402.00. Following the completion of the sale, the director owned 129,305 shares of the company’s stock, valued at $1,521,919.85. This represents a 24.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Jason Waldron sold 34,380 shares of Liberty Global stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the sale, the chief accounting officer directly owned 8,383 shares in the company, valued at approximately $96,823.65. The trade was a 80.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 136,980 shares of company stock worth $1,577,091 in the last ninety days. 13.29% of the stock is owned by insiders.

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.