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

ARGA Investment Management LP increased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 72.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,010,732 shares of the company’s stock after purchasing an additional 423,526 shares during the quarter. Liberty Global makes up approximately 0.4% of ARGA Investment Management LP’s holdings, making the stock its 25th biggest holding. ARGA Investment Management LP owned approximately 0.28% of Liberty Global worth $12,897,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its stake in shares of Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after buying an additional 1,081 shares in the last quarter. Spire Wealth Management bought a new stake in Liberty Global during the 4th quarter worth about $59,000. DekaBank Deutsche Girozentrale increased its position in Liberty Global by 62.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock valued at $227,000 after acquiring an additional 4,142 shares in the last quarter. Clifford Capital Partners LLC bought a new position in shares of Liberty Global in the third quarter worth about $227,000. Finally, Private Advisor Group LLC lifted its position in shares of Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock worth $235,000 after purchasing an additional 835 shares in the last quarter. 37.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.51% of the stock is owned by insiders.

Liberty Global Stock Down 0.7 %

Liberty Global stock opened at $11.22 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The business has a 50-day moving average of $12.56 and a 200-day moving average of $16.89. Liberty Global Ltd. has a 1 year low of $10.93 and a 1 year high of $21.56.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Benchmark restated a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th. Barclays cut their price target on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, November 25th. Deutsche Bank Aktiengesellschaft lowered their price objective on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Finally, UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and reduced their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Liberty Global currently has an average rating of “Hold” and a consensus price target of $17.75.

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.