Liberty Global Ltd. (NASDAQ:LBTYA) Stock Holdings Boosted by State Street Corp

State Street Corp boosted its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 36.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,624,307 shares of the company’s stock after purchasing an additional 705,780 shares during the quarter. State Street Corp owned about 0.73% of Liberty Global worth $55,399,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC increased its stake in Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after purchasing an additional 601 shares in the last quarter. Blue Trust Inc. boosted its stake in shares of Liberty Global by 110.3% during 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 in the last quarter. nVerses Capital LLC bought a new position in shares of Liberty Global in the 2nd quarter valued at approximately $75,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Liberty Global by 4,512.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock worth $156,000 after purchasing an additional 8,754 shares during the period. Finally, Whittier Trust Co. raised its holdings in Liberty Global by 21,707.3% in the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock worth $156,000 after acquiring an additional 8,900 shares during the period. 37.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LBTYA has been the topic of a number of recent research reports. Benchmark reissued a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.00 to $13.00 in a report on Monday, November 18th. Barclays cut their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $18.94.

Liberty Global Price Performance

Shares of LBTYA stock opened at $12.26 on Thursday. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of -1.21 and a beta of 1.24. Liberty Global Ltd. has a 12-month low of $10.93 and a 12-month high of $21.56. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a fifty day moving average of $16.70 and a 200-day moving average of $18.21.

Insiders Place Their Bets

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 11.51% of the company’s stock.

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.