Northern Trust Corp Buys 191,179 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Northern Trust Corp increased its position in Liberty Global Ltd. (NASDAQ:LBTYA - Free Report) by 22.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,030,866 shares of the company's stock after purchasing an additional 191,179 shares during the quarter. Northern Trust Corp owned approximately 0.29% of Liberty Global worth $13,154,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LBTYA. Blue Trust Inc. increased its stake 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 in the last quarter. Spire Wealth Management bought a new position in shares of Liberty Global in the 4th quarter worth $59,000. New Age Alpha Advisors LLC bought a new position in shares of Liberty Global during the 4th quarter valued at $73,000. VisionPoint Advisory Group LLC purchased a new stake in Liberty Global during the 4th quarter valued at $123,000. Finally, Hunting Hill Global Capital LLC purchased a new stake in shares of Liberty Global in the 4th quarter worth about $128,000. 37.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Barclays set a $11.00 price objective on shares of Liberty Global and gave the company an "equal weight" rating in a research note on Tuesday, May 6th. Sanford C. Bernstein downgraded shares of Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price target for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. UBS Group lowered their target price on shares of Liberty Global from $13.00 to $10.60 and set a "neutral" rating on the stock in a report on Monday, May 12th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $23.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $16.94.

Liberty Global Stock Performance

Shares of LBTYA stock traded down $0.04 during mid-day trading on Wednesday, hitting $9.81. 49,115 shares of the stock were exchanged, compared to its average volume of 2,109,925. The stock's fifty day simple moving average is $10.62 and its two-hundred day simple moving average is $12.03. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 2.34 and a beta of 1.23. Liberty Global Ltd. has a 12-month low of $9.03 and a 12-month 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.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.09 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, analysts forecast that Liberty Global Ltd. will post -1.35 EPS 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.