Legal & General Group Plc Has $2.03 Million Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Legal & General Group Plc lowered its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 79.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 159,416 shares of the company's stock after selling 620,558 shares during the period. Legal & General Group Plc's holdings in Liberty Global were worth $2,034,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of LBTYA. Stifel Financial Corp boosted its position in Liberty Global by 8.2% in the 3rd quarter. Stifel Financial Corp now owns 12,717 shares of the company's stock valued at $268,000 after buying an additional 968 shares during the last quarter. Blue Trust Inc. increased its position in Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company's stock worth $38,000 after purchasing an additional 1,081 shares during the period. Bank of New York Mellon Corp raised its holdings in Liberty Global by 0.3% during the 4th quarter. Bank of New York Mellon Corp now owns 470,132 shares of the company's stock worth $5,999,000 after purchasing an additional 1,615 shares during the last quarter. Swiss National Bank grew 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 worth $4,121,000 after buying an additional 3,800 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Liberty Global by 13.1% during the fourth quarter. Empowered Funds LLC now owns 34,177 shares of the company's stock worth $436,000 after buying an additional 3,970 shares during the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Liberty Global Stock Down 0.6 %

Shares of NASDAQ:LBTYA traded down $0.07 during trading on Wednesday, hitting $10.95. 1,437,806 shares of the company's stock traded hands, compared to its average volume of 2,026,551. The company has a 50-day moving average price of $11.14 and a 200-day moving average price of $13.16. Liberty Global Ltd. has a 52 week low of $9.84 and a 52 week high of $21.56. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 2.61 and a beta of 1.25.

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

Liberty Global 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.