Strs Ohio Sells 126,536 Shares of Liberty Global Ltd $LBTYA

Strs Ohio cut its stake in shares of Liberty Global Ltd (NASDAQ:LBTYA) by 96.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,001 shares of the company’s stock after selling 126,536 shares during the period. Strs Ohio’s holdings in Liberty Global were worth $46,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in LBTYA. NorthCrest Asset Manangement LLC acquired a new position in shares of Liberty Global during the 3rd quarter worth about $133,000. Wealth Enhancement Advisory Services LLC boosted its stake in Liberty Global by 178.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 101,068 shares of the company’s stock worth $1,150,000 after acquiring an additional 64,738 shares during the last quarter. State of Alaska Department of Revenue bought a new position in Liberty Global during the 3rd quarter worth approximately $128,000. SG Americas Securities LLC grew its holdings in Liberty Global by 52.9% during the third quarter. SG Americas Securities LLC now owns 29,948 shares of the company’s stock valued at $343,000 after purchasing an additional 10,357 shares during the period. Finally, Accurate Wealth Management LLC increased its stake in Liberty Global by 22.3% in the third quarter. Accurate Wealth Management LLC now owns 45,282 shares of the company’s stock valued at $496,000 after purchasing an additional 8,247 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $11.26 on Friday. The company has a fifty day moving average price of $10.97 and a 200 day moving average price of $11.09. The firm has a market cap of $3.79 billion, a PE ratio of -1.85 and a beta of 1.05. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60. Liberty Global Ltd has a 1-year low of $9.02 and a 1-year high of $12.09.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Citigroup lifted their price target on shares of Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. UBS Group raised their price objective on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $14.40.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 13.29% of the company’s stock.

About Liberty Global

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.