Liberty Global Ltd. (NASDAQ:LBTYA) Holdings Trimmed by Private Management Group Inc.

Private Management Group Inc. cut its holdings in Liberty Global Ltd. (NASDAQ:LBTYA) by 0.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,056,928 shares of the company’s stock after selling 6,398 shares during the quarter. Private Management Group Inc.’s holdings in Liberty Global were worth $13,486,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of LBTYA. Blue Trust Inc. grew its stake in shares of Liberty Global by 58.1% in the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares during the last quarter. Spire Wealth Management bought a new stake in Liberty Global during the fourth quarter worth approximately $59,000. Yousif Capital Management LLC bought a new stake in Liberty Global during the fourth quarter worth approximately $128,000. DekaBank Deutsche Girozentrale grew its position in Liberty Global by 62.1% in the third quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock worth $227,000 after buying an additional 4,142 shares during the last quarter. Finally, Clifford Capital Partners LLC bought a new position in shares of Liberty Global in the third quarter valued at $227,000. 37.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Global

In related 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 value 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 represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 11.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on LBTYA shares. UBS Group cut Liberty Global from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Benchmark reissued a “buy” rating and issued a $27.00 price target on shares of Liberty Global in a research note on Tuesday, October 29th. Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating and reduced their price objective for the company from $13.10 to $12.60 in a research note on Friday, December 6th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and cut their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.75.

Liberty Global Stock Performance

LBTYA stock opened at $11.30 on Thursday. The firm has a 50 day simple moving average of $12.51 and a 200 day simple moving average of $16.84. Liberty Global Ltd. has a 52 week low of $10.93 and a 52 week high of $21.56. The stock has a market cap of $4.04 billion, a P/E ratio of -1.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

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.