Liberty Global Ltd. (NASDAQ:LBTYA) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 153.2% during the third quarter, Holdings Channel reports. The fund owned 496,045 shares of the company’s stock after acquiring an additional 300,126 shares during the quarter. Barclays PLC’s holdings in Liberty Global were worth $10,471,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of Liberty Global by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after purchasing an additional 601 shares during the last quarter. Blue Trust Inc. boosted its stake in Liberty Global by 110.3% in the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after buying an additional 975 shares during the last quarter. nVerses Capital LLC purchased a new stake in Liberty Global in the 2nd quarter valued at about $75,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Liberty Global by 4,512.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after acquiring an additional 8,754 shares during the last quarter. Finally, Whittier Trust Co. lifted its holdings in shares of Liberty Global by 21,707.3% during the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock worth $156,000 after acquiring an additional 8,900 shares during the period. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 11.51% of the stock is currently owned by corporate insiders.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $12.77 on Tuesday. 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 1-year low of $10.93 and a 1-year high of $21.56. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of -1.26 and a beta of 1.24. The business has a 50-day moving average of $17.03 and a 200-day moving average of $18.28.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on LBTYA shares. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and dropped their price objective for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Benchmark reiterated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a report on Tuesday, October 29th. Barclays lowered their price target on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday, November 25th. Finally, UBS Group downgraded Liberty Global from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $23.00 to $13.00 in a report on Monday, November 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Liberty Global currently has an average rating of “Hold” and a consensus price target of $18.94.

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.