New York State Common Retirement Fund Purchases 106,072 Shares of Liberty Global Ltd (NASDAQ:LBTYA)

New York State Common Retirement Fund raised its holdings in Liberty Global Ltd (NASDAQ:LBTYA - Free Report) by 34.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 415,225 shares of the company's stock after acquiring an additional 106,072 shares during the quarter. New York State Common Retirement Fund owned about 0.12% of Liberty Global worth $4,779,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in LBTYA. Proficio Capital Partners LLC bought a new stake in Liberty Global during the 4th quarter worth approximately $270,000. Raymond James Financial Inc. acquired a new position in shares of Liberty Global during the 4th quarter valued at $295,000. Swiss National Bank lifted its position in shares of Liberty Global by 1.2% during the 4th quarter. Swiss National Bank now owns 323,000 shares of the company's stock valued at $4,121,000 after acquiring an additional 3,800 shares during the period. Teacher Retirement System of Texas raised its holdings in Liberty Global by 286.0% during the fourth quarter. Teacher Retirement System of Texas now owns 209,974 shares of the company's stock worth $2,679,000 after buying an additional 155,580 shares during the last quarter. Finally, Quantbot Technologies LP raised its holdings in shares of Liberty Global by 17.8% in the fourth quarter. Quantbot Technologies LP now owns 74,698 shares of the company's stock valued at $953,000 after purchasing an additional 11,274 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Stock Performance

LBTYA traded up $0.17 on Tuesday, hitting $10.24. 2,209,973 shares of the stock traded hands, compared to its average volume of 2,040,649. Liberty Global Ltd has a 52 week low of $9.03 and a 52 week high of $21.56. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $3.54 billion, a PE ratio of -10.56 and a beta of 1.14. The business has a fifty day moving average price of $9.81 and a two-hundred day moving average price of $10.73.

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

Analyst Upgrades and Downgrades

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

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.