Vanguard Group Inc. increased its position in shares of Liberty Global Ltd (NASDAQ:LBTYA – Free Report) by 35.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,551,242 shares of the company’s stock after acquiring an additional 1,185,935 shares during the period. Vanguard Group Inc.’s holdings in Liberty Global were worth $50,701,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of LBTYA. Turtle Creek Wealth Advisors LLC raised its holdings in shares of Liberty Global by 23.5% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 31,318 shares of the company’s stock worth $349,000 after acquiring an additional 5,961 shares during the last quarter. Friedenthal Financial raised its holdings in shares of Liberty Global by 886.2% in the fourth quarter. Friedenthal Financial now owns 84,609 shares of the company’s stock worth $943,000 after acquiring an additional 76,030 shares during the last quarter. Merit Financial Group LLC raised its holdings in shares of Liberty Global by 32.2% in the fourth quarter. Merit Financial Group LLC now owns 31,280 shares of the company’s stock worth $348,000 after acquiring an additional 7,625 shares during the last quarter. Parcion Private Wealth LLC acquired a new position in shares of Liberty Global in the fourth quarter worth $176,000. Finally, CWM LLC raised its holdings in shares of Liberty Global by 11.5% in the fourth quarter. CWM LLC now owns 189,464 shares of the company’s stock worth $2,111,000 after acquiring an additional 19,584 shares during the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.
Liberty Global Stock Performance
Liberty Global stock opened at $11.51 on Friday. The firm has a market capitalization of $3.89 billion, a P/E ratio of -0.72 and a beta of 0.90. The stock has a fifty day moving average price of $12.14 and a 200 day moving average price of $11.52. Liberty Global Ltd has a 52 week low of $9.44 and a 52 week high of $13.52. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on LBTYA shares. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Zacks Research raised Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. UBS Group boosted their price target on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a report on Tuesday, March 31st. Finally, Pivotal Research reissued a “buy” rating and issued a $18.00 price target on shares of Liberty Global in a report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Liberty Global presently has a consensus rating of “Hold” and a consensus price target of $16.15.
Check Out Our Latest Stock Report on Liberty Global
About Liberty Global
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.
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