Quantbot Technologies LP raised its stake in Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) by 104.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,424 shares of the company’s stock after purchasing an additional 32,333 shares during the period. Quantbot Technologies LP’s holdings in Liberty Global were worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also made changes to their positions in LBTYA. Vanguard Group Inc. raised its holdings in shares of Liberty Global by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock valued at $58,316,000 after purchasing an additional 131,077 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Liberty Global by 15.8% during the 2nd quarter. SG Americas Securities LLC now owns 20,514 shares of the company’s stock worth $358,000 after buying an additional 2,801 shares during the last quarter. Welch Group LLC acquired a new position in shares of Liberty Global during the 2nd quarter worth about $174,000. ARS Investment Partners LLC acquired a new stake in shares of Liberty Global during the 2nd quarter worth about $261,000. Finally, Tevis Investment Management lifted its stake in Liberty Global by 156.0% during the second quarter. Tevis Investment Management now owns 27,170 shares of the company’s stock worth $474,000 after purchasing an additional 16,555 shares during the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on LBTYA shares. Barclays dropped their price target on shares of 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. Citigroup assumed coverage on shares of Liberty Global in a research note on Friday, August 9th. They issued a “buy” rating and a $25.00 price objective for the company. Bank of America upgraded 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 report on Monday, August 12th. UBS Group cut Liberty Global from a “buy” rating to a “neutral” rating and decreased their target price for the company from $23.00 to $13.00 in a research report on Monday, November 18th. Finally, Benchmark reaffirmed a “buy” rating and set a $27.00 price target on shares of Liberty Global in a research report on Tuesday, October 29th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.76.
Liberty Global Stock Up 1.0 %
Liberty Global stock opened at $14.13 on Friday. The stock has a market capitalization of $5.05 billion, a price-to-earnings ratio of -1.39 and a beta of 1.18. 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 50 day moving average of $18.75 and a two-hundred day moving average of $18.52. Liberty Global Ltd. has a twelve month low of $10.93 and a twelve month high of $21.56.
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.
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