New York State Common Retirement Fund Has $3.95 Million Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

New York State Common Retirement Fund lowered its stake in Liberty Global Ltd. (NASDAQ:LBTYA) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 309,153 shares of the company’s stock after selling 10,000 shares during the period. New York State Common Retirement Fund owned approximately 0.09% of Liberty Global worth $3,945,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in LBTYA. Blue Trust Inc. lifted its position 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 purchasing an additional 975 shares during the last quarter. Private Advisor Group LLC lifted its position in shares of Liberty Global by 8.1% during the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock worth $235,000 after purchasing an additional 835 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Liberty Global by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock worth $595,000 after purchasing an additional 606 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Liberty Global by 62.1% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock worth $227,000 after purchasing an additional 4,142 shares during the last quarter. Finally, Fullcircle Wealth LLC lifted its position in shares of Liberty Global by 20.5% during the 3rd quarter. Fullcircle Wealth LLC now owns 31,987 shares of the company’s stock worth $669,000 after purchasing an additional 5,443 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LBTYA. Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price objective on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Bank of America cut 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 research report on Friday, December 6th. Barclays lowered their price target on 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. Finally, UBS Group lowered 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 research note on Monday, November 18th. One investment 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, Liberty Global has a consensus rating of “Hold” and a consensus price target of $17.75.

Insider Activity

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the 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 sale, the insider now directly owns 16,153 shares in the company, valued at $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the sale, the chief financial officer now 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 disclosure for this sale can be found here. Corporate insiders own 11.51% of the company’s stock.

Liberty Global Trading Up 0.5 %

LBTYA stock opened at $11.56 on Friday. Liberty Global Ltd. has a 1-year low of $10.55 and a 1-year high of $21.56. The firm has a market cap of $4.13 billion, a P/E ratio of 2.76 and a beta of 1.24. The business’s 50 day moving average is $11.80 and its 200-day moving average is $15.90. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.92) by $7.25. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. Equities analysts anticipate that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

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.