HighTower Advisors LLC Acquires New Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

HighTower Advisors LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 21,166 shares of the company’s stock, valued at approximately $445,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of Liberty Global by 63.7% in 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. Wealth Enhancement Advisory Services LLC lifted its holdings in 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 buying an additional 606 shares in the last quarter. Private Advisor Group LLC lifted its position in Liberty Global by 8.1% during the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after purchasing an additional 835 shares during the period. Blue Trust Inc. grew its holdings in 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 during the period. Finally, Stratos Wealth Advisors LLC increased its holdings in Liberty Global by 4.1% in 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 during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Price Performance

Liberty Global stock opened at $12.46 on Friday. Liberty Global Ltd. has a 12 month low of $10.93 and a 12 month high of $21.56. 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 company has a market capitalization of $4.45 billion, a PE ratio of -1.23 and a beta of 1.24. The stock has a 50-day moving average price of $16.37 and a two-hundred day moving average price of $18.14.

Analyst Ratings Changes

A number of equities research analysts have recently commented on LBTYA shares. Barclays dropped their price target on 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 Liberty Global from a “neutral” rating to an “underperform” rating and reduced their price objective for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. Benchmark restated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. UBS Group cut shares of Liberty Global from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Finally, Deutsche Bank Aktiengesellschaft cut 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 report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $18.94.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction that occurred on 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 sale, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.51% of the company’s stock.

Liberty Global Company 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.