Nuveen Asset Management LLC Buys 118,154 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Nuveen Asset Management LLC lifted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 964,206 shares of the company's stock after buying an additional 118,154 shares during the quarter. Nuveen Asset Management LLC owned approximately 0.27% of Liberty Global worth $12,303,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Barclays PLC grew its holdings in Liberty Global by 153.2% in the third quarter. Barclays PLC now owns 496,045 shares of the company's stock valued at $10,471,000 after purchasing an additional 300,126 shares during the period. SG Americas Securities LLC grew its holdings in Liberty Global by 197.3% in the fourth quarter. SG Americas Securities LLC now owns 26,744 shares of the company's stock valued at $341,000 after purchasing an additional 17,749 shares during the period. Exchange Traded Concepts LLC purchased a new stake in Liberty Global in the fourth quarter valued at approximately $2,137,000. Blue Trust Inc. grew its holdings in 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 purchasing an additional 1,081 shares during the period. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in Liberty Global in the fourth quarter valued at approximately $284,000. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Shares of LBTYA traded up $0.08 during mid-day trading on Friday, hitting $9.66. The company's stock had a trading volume of 3,054,350 shares, compared to its average volume of 2,105,184. Liberty Global Ltd. has a one year low of $9.03 and a one year high of $21.56. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The firm has a market capitalization of $3.34 billion, a PE ratio of 2.31 and a beta of 1.23. The stock's 50-day moving average is $10.29 and its two-hundred day moving average is $11.50.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued 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 firm had revenue of $1.17 billion during 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, sell-side analysts anticipate that Liberty Global Ltd. will post -1.35 EPS for the current year.

Wall Street Analyst Weigh In

LBTYA has been the topic of a number of recent research reports. UBS Group reduced their target price on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating on the stock 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 on the stock in a research report on Wednesday. Finally, Barclays set a $11.00 target price on shares of Liberty Global and gave the stock an "equal weight" rating in a research report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $14.94.

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.