Empowered Funds LLC Acquires New Shares in Liberty Global Ltd. (NASDAQ:LBTYA)

Empowered Funds LLC bought a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 30,207 shares of the company’s stock, valued at approximately $638,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ING Groep NV bought a new position in Liberty Global in the third quarter valued at approximately $12,953,000. Fullcircle Wealth LLC raised its holdings in shares of Liberty Global by 20.5% during the third quarter. Fullcircle Wealth LLC now owns 31,987 shares of the company’s stock worth $669,000 after acquiring an additional 5,443 shares during the period. Tevis Investment Management lifted its position in Liberty Global by 9.7% in the 3rd quarter. Tevis Investment Management now owns 29,805 shares of the company’s stock valued at $629,000 after acquiring an additional 2,635 shares in the last quarter. Autumn Glory Partners LLC boosted its stake in Liberty Global by 100.0% in the 3rd quarter. Autumn Glory Partners LLC now owns 25,100 shares of the company’s stock worth $530,000 after purchasing an additional 12,550 shares during the period. Finally, DekaBank Deutsche Girozentrale increased its holdings in 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 in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $13.32 on Friday. The firm has a market cap of $4.76 billion, a P/E ratio of -1.31 and a beta of 1.18. The business’s 50 day moving average is $19.41 and its 200-day moving average is $18.62. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 1-year low of $10.93 and a 1-year high of $21.56.

Wall Street Analysts Forecast Growth

LBTYA has been the subject of several recent research reports. Citigroup initiated coverage on shares of Liberty Global in a report on Friday, August 9th. They set a “buy” rating and a $25.00 target price for the company. Bank of America raised shares of Liberty Global from an “underperform” rating to a “neutral” rating and boosted their price target for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Benchmark restated a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Finally, UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Liberty Global currently has a consensus rating of “Hold” and a consensus target price of $22.90.

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.