Liberty Global Ltd (NASDAQ:LBTYA) Stock Position Lifted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 46.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 143,458 shares of the company's stock after purchasing an additional 45,236 shares during the period. Illinois Municipal Retirement Fund's holdings in Liberty Global were worth $1,651,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. ACR Alpine Capital Research LLC raised its holdings in Liberty Global by 333.3% during the fourth quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock worth $221,730,000 after purchasing an additional 13,366,743 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Liberty Global by 22.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,072,421 shares of the company's stock worth $77,482,000 after buying an additional 1,117,935 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Liberty Global by 55.3% in the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock valued at $66,865,000 after buying an additional 1,866,197 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Liberty Global by 4.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,844,357 shares of the company's stock valued at $61,814,000 after buying an additional 198,269 shares in the last quarter. Finally, Norges Bank acquired a new position in Liberty Global during the fourth quarter worth about $48,381,000. 37.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on LBTYA shares. UBS Group reduced their price objective on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research report on Monday, May 12th. Citigroup reduced their target price on shares of Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a report on Wednesday, May 28th. Berenberg Bank upgraded shares of Liberty Global to a "hold" rating in a research report on Thursday, June 26th. Finally, Barclays set a $11.00 price objective on Liberty Global and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $14.94.

Liberty Global Trading Down 0.4%

Shares of LBTYA stock traded down $0.05 during trading hours on Friday, reaching $9.97. 723,739 shares of the stock traded hands, compared to its average volume of 2,054,590. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $3.44 billion, a PE ratio of -10.27 and a beta of 1.14. Liberty Global Ltd has a 1-year low of $9.03 and a 1-year high of $21.56. The business has a fifty day moving average price of $9.83 and a 200 day moving average price of $10.94.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.83) by ($3.01). The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.09 billion. Liberty Global had a negative net margin of 4.25% and a negative return on equity of 1.15%. On average, equities research analysts forecast that Liberty Global Ltd will post -1.35 EPS for the current year.

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.