Amalgamated Bank Lowers Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Amalgamated Bank lowered its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 67.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,833 shares of the company’s stock after selling 18,726 shares during the period. Amalgamated Bank’s holdings in Liberty Global were worth $186,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of LBTYA. EverSource Wealth Advisors LLC raised its holdings in shares of Liberty Global by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after buying an additional 601 shares in the last quarter. Blue Trust Inc. raised its holdings 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 valued at $39,000 after buying an additional 975 shares in the last quarter. nVerses Capital LLC purchased a new position in shares of Liberty Global during the 2nd quarter valued at about $75,000. Whittier Trust Co. raised its holdings in shares of Liberty Global by 21,707.3% during the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock valued at $156,000 after buying an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Liberty Global by 4,512.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after buying an additional 8,754 shares in the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on LBTYA. Benchmark restated a “buy” rating and set a $27.00 price target on shares of Liberty Global in a research report on Tuesday, October 29th. Citigroup began coverage on Liberty Global in a research report on Friday, August 9th. They set a “buy” rating and a $25.00 price target on the stock. Finally, Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $24.26.

Liberty Global Stock Down 1.8 %

Shares of NASDAQ:LBTYA opened at $12.22 on Monday. Liberty Global Ltd. has a 12-month low of $10.93 and a 12-month high of $21.56. The stock has a fifty day simple moving average of $20.10 and a two-hundred day simple moving average of $18.77. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of -1.20 and a beta of 1.18.

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.