Swiss National Bank Sells 2,500 Shares of Liberty Global Ltd. (NASDAQ:LBTYA)

Swiss National Bank reduced its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 0.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 319,200 shares of the company’s stock after selling 2,500 shares during the quarter. Swiss National Bank owned 0.09% of Liberty Global worth $6,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of LBTYA. EverSource Wealth Advisors LLC raised its stake in Liberty Global by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after buying an additional 601 shares during the last quarter. Blue Trust Inc. lifted its holdings in Liberty Global by 110.3% in the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after acquiring an additional 975 shares during the period. nVerses Capital LLC purchased a new position in Liberty Global in the second quarter worth about $75,000. Whittier Trust Co. boosted its position in Liberty Global by 21,707.3% in the second quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock worth $156,000 after purchasing an additional 8,900 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Liberty Global by 4,512.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,948 shares of the company’s stock valued at $156,000 after purchasing an additional 8,754 shares during the period. 37.20% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on LBTYA. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $15.50 to $21.30 in a research note on Monday, August 12th. Benchmark reaffirmed a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a research report on Tuesday, October 29th. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $23.00 to $13.00 in a report on Monday, November 18th. Citigroup assumed coverage on shares of Liberty Global in a research note on Friday, August 9th. They set a “buy” rating and a $25.00 target price on the stock. Finally, Barclays dropped their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research report on Monday. Five equities research analysts have rated the stock with 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 $21.76.

Liberty Global Trading Up 1.6 %

Shares of NASDAQ LBTYA opened at $13.76 on Wednesday. Liberty Global Ltd. has a 1-year low of $10.93 and a 1-year high of $21.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The business’s 50 day moving average is $19.14 and its two-hundred day moving average is $18.59. The stock has a market capitalization of $4.92 billion, a P/E ratio of -1.36 and a beta of 1.18.

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.