Ameriprise Financial Inc. Buys 37,072 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Ameriprise Financial Inc. boosted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 10.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 391,384 shares of the company's stock after purchasing an additional 37,072 shares during the quarter. Ameriprise Financial Inc. owned about 0.11% of Liberty Global worth $4,994,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC lifted its holdings in shares of 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 buying an additional 13,366,743 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Liberty Global by 22.6% during the fourth 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 during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Liberty Global by 55.3% during the fourth quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock worth $66,865,000 after buying an additional 1,866,197 shares during the last quarter. Norges Bank acquired a new position in shares of Liberty Global during the fourth quarter worth approximately $48,381,000. Finally, Franklin Resources Inc. lifted its holdings in shares of Liberty Global by 65.4% during the fourth quarter. Franklin Resources Inc. now owns 2,659,730 shares of the company's stock worth $33,938,000 after buying an additional 1,051,458 shares during the last quarter. Institutional investors own 37.20% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut their price target on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. Barclays set a $11.00 target price on Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Citigroup cut their target price on Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research note on Wednesday. Finally, UBS Group cut their target price on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a research note on Monday, May 12th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $14.94.

Liberty Global Price Performance

Shares of LBTYA stock traded up $0.08 during trading hours on Thursday, hitting $9.58. 1,741,566 shares of the company's stock were exchanged, compared to its average volume of 2,114,841. The stock's 50-day moving average is $10.32 and its 200-day moving average is $11.58. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 2.29 and a beta of 1.23. Liberty Global Ltd. has a 52 week low of $9.03 and a 52 week high of $21.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.83) by ($3.01). The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.09 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. As a group, 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.