XTX Topco Ltd Makes New $633,000 Investment in Liberty Global Ltd. (NASDAQ:LBTYA)

XTX Topco Ltd acquired a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 29,965 shares of the company’s stock, valued at approximately $633,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its stake 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 valued at $27,000 after purchasing an additional 601 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Liberty Global by 110.3% in the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after purchasing an additional 975 shares during the last quarter. nVerses Capital LLC acquired a new position in shares of Liberty Global in the 2nd quarter valued at $75,000. Whittier Trust Co. lifted its stake 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 valued at $156,000 after purchasing an additional 8,900 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Liberty Global by 4,512.4% in 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 and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA opened at $13.06 on Friday. The stock has a 50-day simple moving average of $17.51 and a 200-day simple moving average of $18.33. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $4.67 billion, a PE ratio of -1.28 and a beta of 1.24. Liberty Global Ltd. has a 1 year low of $10.93 and a 1 year high of $21.56.

Insider Activity

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction dated 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 11.51% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a research note on Thursday, December 5th. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Benchmark reissued a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Barclays decreased their target price on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, November 25th. Finally, Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $13.10 to $12.60 in a research note 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, Liberty Global has an average rating of “Hold” and an average target price of $18.94.

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.