Blue Trust Inc. Buys 975 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Blue Trust Inc. raised its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 110.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,859 shares of the company’s stock after buying an additional 975 shares during the period. Blue Trust Inc.’s holdings in Liberty Global were worth $39,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in LBTYA. Stratos Wealth Advisors LLC lifted its position in shares of Liberty Global by 4.1% during the third quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock valued at $625,000 after purchasing an additional 1,162 shares in the last quarter. Wallace Capital Management Inc. lifted its position in shares of Liberty Global by 13.8% during the second quarter. Wallace Capital Management Inc. now owns 1,345,968 shares of the company’s stock valued at $23,460,000 after purchasing an additional 163,455 shares in the last quarter. Algert Global LLC purchased a new stake in Liberty Global during the second quarter worth about $624,000. Scientech Research LLC purchased a new stake in Liberty Global during the second quarter worth about $1,390,000. Finally, Lighthouse Investment Partners LLC increased its holdings in Liberty Global by 33.3% during the second quarter. Lighthouse Investment Partners LLC now owns 192,024 shares of the company’s stock worth $3,347,000 after buying an additional 47,956 shares during the last quarter. 37.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on LBTYA shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Liberty Global from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, July 12th. Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. Benchmark reaffirmed a “buy” rating and issued a $27.00 price target on shares of Liberty Global in a research note on Tuesday. Finally, Citigroup started coverage on Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 target price on the stock. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $24.26.

Liberty Global Stock Performance

NASDAQ:LBTYA opened at $20.51 on Friday. The stock has a market capitalization of $7.50 billion, a P/E ratio of -2.02 and a beta of 1.17. The stock has a 50-day moving average price of $20.44 and a 200 day moving average price of $18.63. The company has a current ratio of 1.19, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 12-month low of $15.29 and a 12-month high of $21.56.

About Liberty Global

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.