Janus Henderson Group PLC Has $1.61 Million Position in Liberty Global Ltd. (NASDAQ:LBTYA)

Janus Henderson Group PLC trimmed its position in shares of Liberty Global Ltd. (NASDAQ:LBTYA) by 7.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,000 shares of the company’s stock after selling 6,503 shares during the quarter. Janus Henderson Group PLC’s holdings in Liberty Global were worth $1,605,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its stake in Liberty Global by 63.7% during the second 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. Wealth Enhancement Advisory Services LLC grew its holdings in Liberty Global by 2.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock worth $595,000 after acquiring an additional 606 shares during the period. Private Advisor Group LLC raised its position in shares of Liberty Global by 8.1% in the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock worth $235,000 after acquiring an additional 835 shares in 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 period. Finally, Stratos Wealth Advisors LLC boosted its position in shares of Liberty Global by 4.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock valued at $625,000 after purchasing an additional 1,162 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Liberty Global Stock Down 0.5 %

Liberty Global stock opened at $13.00 on Friday. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of -1.28 and a beta of 1.24. The firm’s fifty day moving average price is $17.19 and its two-hundred day moving average price is $18.27. Liberty Global Ltd. has a 1-year low of $10.93 and a 1-year 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.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of 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 filing with the SEC, which can be accessed through the SEC website. 11.51% of the stock is owned by insiders.

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.