UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 2,799.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,646,088 shares of the company’s stock after acquiring an additional 4,485,823 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 1.30% of Liberty Global worth $98,079,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of LBTYA. EverSource Wealth Advisors LLC boosted its stake in shares of Liberty Global by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after acquiring an additional 601 shares in the last quarter. Blue Trust Inc. raised its position in shares of Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after purchasing an additional 975 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of Liberty Global during the 2nd quarter worth approximately $75,000. Whittier Trust Co. raised its position 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 purchasing an additional 8,900 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position 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 worth $156,000 after purchasing an additional 8,754 shares during the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Analysts Set New Price Targets

LBTYA has been the subject of several research reports. Citigroup initiated coverage on Liberty Global in a research report on Friday, August 9th. They set a “buy” rating and a $25.00 price objective for the company. Benchmark restated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a research report on Tuesday, October 29th. 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 research report on Monday, November 18th. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Barclays cut their price target on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, November 25th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $21.76.

Liberty Global Stock Up 1.0 %

Shares of NASDAQ LBTYA opened at $14.13 on Monday. Liberty Global Ltd. has a 52-week low of $10.93 and a 52-week high of $21.56. The firm has a fifty day moving average of $18.75 and a 200-day moving average of $18.53. The stock has a market capitalization of $5.05 billion, a PE ratio of -1.39 and a beta of 1.18. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

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.