Versor Investments LP Lowers Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

Versor Investments LP reduced its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 52.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,400 shares of the company’s stock after selling 29,200 shares during the period. Versor Investments LP’s holdings in Liberty Global were worth $557,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its holdings in shares of Liberty Global by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after buying an additional 601 shares during the last quarter. Blue Trust Inc. raised its position in Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after purchasing an additional 975 shares in the last quarter. nVerses Capital LLC bought a new stake in Liberty Global during the second quarter worth about $75,000. Whittier Trust Co. boosted its holdings in shares of Liberty Global by 21,707.3% in the 2nd quarter. Whittier Trust Co. now owns 8,941 shares of the company’s stock worth $156,000 after purchasing an additional 8,900 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position 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 last quarter. Institutional investors own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $11.90 on Thursday. The firm’s fifty day moving average is $20.57 and its 200 day moving average is $18.85. Liberty Global Ltd. has a 52 week low of $10.93 and a 52 week high of $21.56. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

Analyst Ratings Changes

A number of research firms recently weighed in on LBTYA. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $15.50 to $21.30 in a research report on Monday, August 12th. Benchmark reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. Finally, Citigroup assumed coverage on shares of Liberty Global in a report on Friday, August 9th. They set a “buy” rating and a $25.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.26.

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.