Liberty Global Ltd. (NASDAQ:LBTYA) Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 197.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 26,744 shares of the company’s stock after acquiring an additional 17,749 shares during the period. SG Americas Securities LLC’s holdings in Liberty Global were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Liberty Global by 2,799.0% during 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 acquiring an additional 4,485,823 shares during the period. State Street Corp raised its position in shares of Liberty Global by 36.8% during the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company’s stock worth $55,399,000 after purchasing an additional 705,780 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Liberty Global by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,262,910 shares of the company’s stock worth $47,778,000 after purchasing an additional 141,749 shares during the last quarter. Mirabella Financial Services LLP boosted its position in Liberty Global by 16.6% during the 3rd quarter. Mirabella Financial Services LLP now owns 2,113,665 shares of the company’s stock valued at $44,619,000 after purchasing an additional 300,305 shares during the period. Finally, ING Groep NV bought a new position in Liberty Global during the 3rd quarter worth $12,953,000. 37.20% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were 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 in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.51% of the stock is owned by insiders.

Analysts Set New Price Targets

LBTYA has been the subject of several analyst reports. Sanford C. Bernstein downgraded shares of Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Barclays reduced their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Deutsche Bank Aktiengesellschaft cut their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Finally, Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and cut their target price for the company from $13.10 to $12.60 in a research note on Friday, December 6th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $17.75.

Liberty Global Price Performance

Shares of NASDAQ:LBTYA opened at $11.22 on Wednesday. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of -1.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global Ltd. has a 12 month low of $10.93 and a 12 month high of $21.56. The stock’s 50 day moving average price is $12.56 and its 200 day moving average price is $16.89.

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.