ING Groep NV Has $829,000 Holdings in Liberty Global Ltd. (NASDAQ:LBTYA)

ING Groep NV lowered its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 89.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,000 shares of the company’s stock after selling 548,600 shares during the quarter. ING Groep NV’s holdings in Liberty Global were worth $829,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Blue Trust Inc. increased its stake in shares of Liberty Global by 110.3% during the 3rd quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after purchasing an additional 975 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Liberty Global in the 3rd quarter valued at $433,000. Private Advisor Group LLC boosted its holdings in Liberty Global by 8.1% in the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after purchasing an additional 835 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Liberty Global by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock valued at $595,000 after purchasing an additional 606 shares during the period. Finally, DekaBank Deutsche Girozentrale boosted its holdings in Liberty Global by 62.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock valued at $227,000 after purchasing an additional 4,142 shares during the period. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $11.37 on Tuesday. Liberty Global Ltd. has a 52-week low of $10.55 and a 52-week high of $21.56. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 2.71 and a beta of 1.24. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The firm has a fifty day moving average of $11.87 and a 200-day moving average of $16.07.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. On average, equities research analysts forecast that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Insider Buying and Selling

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. This trade represents a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The disclosure for this sale can be found here. 11.51% of the stock is currently owned by corporate insiders.

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.