Liberty Global Ltd $LBTYA Shares Purchased by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 20.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 306,041 shares of the company’s stock after buying an additional 52,895 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Liberty Global were worth $3,507,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. ACR Alpine Capital Research LLC increased its stake in shares of Liberty Global by 3.5% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after acquiring an additional 719,589 shares during the last quarter. NorthCrest Asset Manangement LLC acquired a new stake in shares of Liberty Global in the third quarter worth approximately $133,000. Wealth Enhancement Advisory Services LLC grew its holdings in Liberty Global by 178.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 101,068 shares of the company’s stock valued at $1,150,000 after purchasing an additional 64,738 shares during the period. State of Alaska Department of Revenue acquired a new position in Liberty Global during the third quarter worth approximately $128,000. Finally, SG Americas Securities LLC raised its stake in Liberty Global by 52.9% during the third quarter. SG Americas Securities LLC now owns 29,948 shares of the company’s stock worth $343,000 after purchasing an additional 10,357 shares during the period. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on LBTYA shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. UBS Group lifted their target price on Liberty Global from $11.80 to $12.60 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. Finally, Citigroup boosted their price target on Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Liberty Global currently has an average rating of “Hold” and an average target price of $14.40.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 33,220 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.29% of the stock is owned by insiders.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $11.12 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. The company has a market cap of $3.74 billion, a PE ratio of -1.83 and a beta of 1.04. The company’s fifty day simple moving average is $10.98 and its 200-day simple moving average is $11.05. Liberty Global Ltd has a 52 week low of $9.02 and a 52 week high of $12.09.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings results on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($1.72). Liberty Global had a negative return on equity of 14.71% and a negative net margin of 41.44%.The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.23 billion. As a group, equities research analysts anticipate that Liberty Global Ltd will post -1.35 EPS for the current year.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.