ARGA Investment Management LP Has $12.90 Million Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

ARGA Investment Management LP increased its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 72.1% during the fourth quarter, HoldingsChannel reports. The fund owned 1,010,732 shares of the company’s stock after buying an additional 423,526 shares during the period. Liberty Global comprises about 0.4% of ARGA Investment Management LP’s investment portfolio, making the stock its 25th largest position. ARGA Investment Management LP’s holdings in Liberty Global were worth $12,897,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Barclays PLC grew its stake in shares of 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 in the last quarter. ING Groep NV bought a new position in Liberty Global in the third quarter valued at $12,953,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Liberty Global by 2,799.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock valued at $98,079,000 after buying an additional 4,485,823 shares during the last quarter. State Street Corp lifted its position in 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 buying an additional 705,780 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Liberty Global by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock worth $595,000 after buying an additional 606 shares during the last quarter. 37.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer now 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 document filed with the Securities & Exchange Commission, which is accessible through this link. 11.51% of the stock is currently owned by corporate insiders.

Liberty Global Trading Down 0.7 %

Shares of Liberty Global stock opened at $11.22 on Wednesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The business has a fifty day simple moving average of $12.56 and a two-hundred day simple moving average of $16.89. Liberty Global Ltd. has a 1 year low of $10.93 and a 1 year 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.