JPMorgan Chase & Co. Sells 410,610 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

JPMorgan Chase & Co. decreased its holdings in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 67.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 200,770 shares of the company's stock after selling 410,610 shares during the period. JPMorgan Chase & Co. owned approximately 0.06% of Liberty Global worth $2,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Barclays PLC boosted its holdings in shares of Liberty Global by 153.2% during the 3rd quarter. Barclays PLC now owns 496,045 shares of the company's stock valued at $10,471,000 after acquiring an additional 300,126 shares in the last quarter. ACR Alpine Capital Research LLC boosted its holdings in shares of Liberty Global by 333.3% during the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock valued at $221,730,000 after acquiring an additional 13,366,743 shares in the last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Liberty Global during the 4th quarter valued at $284,000. Geode Capital Management LLC boosted its holdings in shares of Liberty Global by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,262,910 shares of the company's stock valued at $47,778,000 after acquiring an additional 141,749 shares in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of Liberty Global by 62.3% during the 4th quarter. Private Advisor Group LLC now owns 18,040 shares of the company's stock valued at $230,000 after acquiring an additional 6,927 shares in the last quarter. Institutional investors own 37.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on LBTYA shares. Deutsche Bank Aktiengesellschaft cut their target price on Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. Sanford C. Bernstein downgraded Liberty Global from an "outperform" rating to a "market perform" rating and cut their target price for the stock from $24.70 to $12.40 in a report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $17.43.

Liberty Global Trading Up 1.3 %

Shares of NASDAQ:LBTYA traded up $0.14 during midday trading on Monday, reaching $11.02. The company's stock had a trading volume of 1,141,499 shares, compared to its average volume of 2,031,725. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 2.63 and a beta of 1.25. 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 50 day moving average price of $11.16 and a two-hundred day moving average price of $13.19. Liberty Global Ltd. has a fifty-two week low of $9.84 and a fifty-two week high of $21.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.92) by $7.25. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. As a group, analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current year.

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.