Stratos Wealth Advisors LLC lifted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) by 55.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 46,016 shares of the company’s stock after acquiring an additional 16,405 shares during the period. Stratos Wealth Advisors LLC’s holdings in Liberty Global were worth $587,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of LBTYA. Barclays PLC increased its stake in Liberty Global by 153.2% during the 3rd quarter. Barclays PLC now owns 496,045 shares of the company’s stock worth $10,471,000 after acquiring an additional 300,126 shares during the period. ING Groep NV acquired a new stake in shares of Liberty Global during the 3rd quarter worth $12,953,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Liberty Global by 2,799.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock worth $98,079,000 after purchasing an additional 4,485,823 shares during the period. State Street Corp raised its stake in Liberty Global by 36.8% in the third quarter. State Street Corp now owns 2,624,307 shares of the company’s stock valued at $55,399,000 after purchasing an additional 705,780 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Liberty Global by 2.2% during the third 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 period. Institutional investors own 37.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Barclays decreased 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 report on Monday, November 25th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $23.00 to $13.00 in a research report on Monday, November 18th. Sanford C. Bernstein downgraded Liberty Global from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Bank of America cut 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 report on Friday, December 6th. Finally, Benchmark reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.75.
Liberty Global Stock Performance
Shares of LBTYA stock opened at $11.30 on Friday. The business’s 50-day moving average price is $12.40 and its 200-day moving average price is $16.76. 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 firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of -1.11 and a beta of 1.24.
Insider Buying and Selling
In other news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s 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 $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.51% of the stock is owned by corporate insiders.
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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