Stifel Financial Corp increased its position in Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) by 8.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,717 shares of the company’s stock after buying an additional 968 shares during the quarter. Stifel Financial Corp’s holdings in Liberty Global were worth $268,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in Liberty Global by 63.7% during the second 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. grew its holdings in shares of Liberty Global by 110.3% in 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 during the last quarter. nVerses Capital LLC acquired a new stake in shares of Liberty Global during the second quarter worth $75,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Liberty Global by 4,512.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after purchasing an additional 8,754 shares during the last quarter. Finally, Principal Financial Group Inc. acquired a new position in shares of Liberty Global in the 2nd quarter valued at $215,000. Institutional investors own 37.20% of the company’s stock.
Analysts Set New Price Targets
LBTYA has been the topic of several recent analyst reports. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, December 5th. Barclays decreased their price objective on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Benchmark reaffirmed a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Liberty Global has an average rating of “Hold” and a consensus price target of $18.94.
Check Out Our Latest Report on LBTYA
Insider Buying and Selling at Liberty Global
In other news, CFO Charles H. R. Bracken sold 84,103 shares of the 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 owns 53,312 shares in the company, valued at $776,222.72. This represents a 61.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 11.51% of the company’s stock.
Liberty Global Trading Down 0.9 %
Liberty Global stock opened at $12.39 on Monday. 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 12 month low of $10.93 and a 12 month high of $21.56. The company’s fifty day simple moving average is $15.53 and its 200-day simple moving average is $17.95. The stock has a market cap of $4.43 billion, a P/E ratio of -1.22 and a beta of 1.24.
Liberty Global Profile
(Free Report)
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.
See Also
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