Liberty Global Ltd. (NASDAQ:LBTYA) Shares Sold by Planning Capital Management Corp

Planning Capital Management Corp decreased its position in Liberty Global Ltd. (NASDAQ:LBTYA) by 80.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,628 shares of the company’s stock after selling 6,726 shares during the period. Planning Capital Management Corp’s holdings in Liberty Global were worth $34,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of LBTYA. Rubric Capital Management LP raised its holdings in Liberty Global by 43.7% in the 2nd quarter. Rubric Capital Management LP now owns 5,526,107 shares of the company’s stock valued at $96,320,000 after acquiring an additional 1,680,756 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its position in Liberty Global by 2.3% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 3,658,338 shares of the company’s stock valued at $63,765,000 after buying an additional 82,560 shares during the last quarter. Vanguard Group Inc. boosted its position in Liberty Global by 4.0% in the 1st quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company’s stock valued at $58,316,000 after buying an additional 131,077 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Liberty Global by 212.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company’s stock valued at $57,336,000 after buying an additional 2,236,696 shares during the last quarter. Finally, ACR Alpine Capital Research LLC boosted its position in Liberty Global by 11.5% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 3,058,910 shares of the company’s stock valued at $53,317,000 after buying an additional 314,726 shares during the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Stock Performance

NASDAQ:LBTYA opened at $12.45 on Friday. The company’s 50 day moving average price is $20.41 and its 200-day moving average price is $18.81. Liberty Global Ltd. has a 52 week low of $10.93 and a 52 week high of $21.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and raised their price target for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Benchmark restated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Finally, Citigroup started coverage on shares of Liberty Global in a report on Friday, August 9th. They set a “buy” rating and a $25.00 price target for the company. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $24.26.

Liberty Global Company 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.