Mitsubishi UFJ Trust & Banking Corp trimmed its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA – Free Report) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,239 shares of the company’s stock after selling 3,677 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Liberty Global were worth $577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of the stock. Aire Advisors LLC bought a new position in shares of Liberty Global in the fourth quarter worth approximately $248,000. Vanguard Group Inc. boosted its position in Liberty Global by 55.3% during the 4th quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company’s stock valued at $66,865,000 after buying an additional 1,866,197 shares during the period. KLP Kapitalforvaltning AS bought a new stake in Liberty Global in the 4th quarter worth $670,000. American Century Companies Inc. purchased a new position in shares of Liberty Global in the fourth quarter valued at about $9,403,000. Finally, Quantbot Technologies LP raised its stake in shares of Liberty Global by 17.8% during the fourth quarter. Quantbot Technologies LP now owns 74,698 shares of the company’s stock valued at $953,000 after acquiring an additional 11,274 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on LBTYA shares. Deutsche Bank Aktiengesellschaft cut their target price on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Finally, Sanford C. Bernstein lowered Liberty Global from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $24.70 to $12.40 in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, Liberty Global currently has an average rating of “Hold” and an average target price of $17.43.
Liberty Global Stock Performance
Shares of LBTYA stock opened at $11.49 on Wednesday. The company’s fifty day moving average price is $11.49 and its 200-day moving average price is $14.65. The stock has a market cap of $4.01 billion, a PE ratio of 2.74 and a beta of 1.27. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 12 month low of $10.55 and a 12 month high of $21.56.
Liberty Global (NASDAQ:LBTYA – Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. On average, equities analysts expect that Liberty Global Ltd. will post -1.35 EPS for the current fiscal year.
Liberty Global 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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