Empowered Funds LLC Has $436,000 Stock Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Empowered Funds LLC grew its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 13.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 34,177 shares of the company’s stock after buying an additional 3,970 shares during the quarter. Empowered Funds LLC’s holdings in Liberty Global were worth $436,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Liberty Global by 2,799.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock worth $98,079,000 after acquiring an additional 4,485,823 shares during the last quarter. State Street Corp raised its holdings in shares of Liberty Global by 36.8% in the 3rd quarter. State Street Corp now owns 2,624,307 shares of the company’s stock worth $55,399,000 after acquiring an additional 705,780 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Liberty Global by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,262,910 shares of the company’s stock worth $47,778,000 after acquiring an additional 141,749 shares during the last quarter. Mirabella Financial Services LLP raised its holdings in shares of Liberty Global by 16.6% in the 3rd quarter. Mirabella Financial Services LLP now owns 2,113,665 shares of the company’s stock worth $44,619,000 after acquiring an additional 300,305 shares during the last quarter. Finally, ARGA Investment Management LP raised its holdings in shares of Liberty Global by 72.1% in the 4th quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company’s stock worth $12,897,000 after acquiring an additional 423,526 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on LBTYA shares. Benchmark restated a “buy” rating and issued a $27.00 target price on shares of Liberty Global in a report on Tuesday, October 29th. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Finally, Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $13.10 to $12.60 in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat, Liberty Global presently has an average rating of “Hold” and a consensus target price of $17.75.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now directly owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. This trade represents a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.51% of the company’s stock.

Liberty Global Stock Up 0.3 %

Liberty Global stock opened at $11.13 on Thursday. Liberty Global Ltd. has a twelve month low of $10.55 and a twelve month high of $21.56. The firm has a 50 day moving average price of $12.00 and a 200-day moving average price of $16.27. The company has a market capitalization of $3.98 billion, a P/E ratio of -1.10 and a beta of 1.24. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

Liberty Global (NASDAQ:LBTYA) last released its 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 negative net margin of 54.02% and a negative return on equity of 22.30%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. As a group, equities analysts predict that Liberty Global Ltd. will post -1.24 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.