MassMutual Private Wealth & Trust FSB Takes Position in Liberty Global Ltd. (NASDAQ:LBTYA)

MassMutual Private Wealth & Trust FSB bought a new position in Liberty Global Ltd. (NASDAQ:LBTYA) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 34,700 shares of the company’s stock, valued at approximately $443,000.

Other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake 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 valued at $98,079,000 after purchasing an additional 4,485,823 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Liberty Global by 212.5% in the second 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 period. State Street Corp lifted its position in Liberty Global by 36.8% during the third quarter. State Street Corp now owns 2,624,307 shares of the company’s stock valued at $55,399,000 after buying an additional 705,780 shares in the last quarter. ING Groep NV purchased a new stake in Liberty Global during the third quarter worth approximately $12,953,000. Finally, Mirabella Financial Services LLP increased its position in shares of Liberty Global by 16.6% in the third 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 in the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. UBS Group cut shares of Liberty Global from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Barclays lowered their target price on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. Deutsche Bank Aktiengesellschaft reduced their price target on Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a research report on Thursday, December 5th. Benchmark reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research report on Tuesday, October 29th. Finally, Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $18.94.

Insider Transactions at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 11.51% of the company’s stock.

Liberty Global Stock Up 0.2 %

Shares of NASDAQ:LBTYA opened at $11.71 on Wednesday. The firm has a market cap of $4.19 billion, a PE ratio of -1.15 and a beta of 1.25. The company has a fifty day simple moving average of $12.93 and a 200 day simple moving average of $17.37. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 12-month low of $10.93 and a 12-month high of $21.56.

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.