XTX Topco Ltd acquired a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,723 shares of the company’s stock, valued at approximately $405,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in LBTYK. Sequoia Financial Advisors LLC bought a new stake in Liberty Global during the third quarter valued at $7,471,000. Susquehanna International Group LLP lifted its stake in shares of Liberty Global by 121.1% in the 2nd quarter. Susquehanna International Group LLP now owns 376,698 shares of the company’s stock valued at $6,724,000 after purchasing an additional 206,318 shares during the period. DekaBank Deutsche Girozentrale boosted its position in shares of Liberty Global by 296.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 31,522 shares of the company’s stock valued at $668,000 after purchasing an additional 23,568 shares in the last quarter. AQR Capital Management LLC grew its stake in Liberty Global by 108.3% during the second quarter. AQR Capital Management LLC now owns 165,803 shares of the company’s stock worth $2,960,000 after purchasing an additional 86,220 shares during the period. Finally, Seven Eight Capital LP grew its stake in Liberty Global by 90.6% during the second quarter. Seven Eight Capital LP now owns 101,446 shares of the company’s stock worth $1,811,000 after purchasing an additional 48,213 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Liberty Global in a research note on Thursday, November 14th. They issued a “hold” rating on the stock.
Liberty Global Stock Down 1.4 %
Shares of NASDAQ LBTYK opened at $13.70 on Monday. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a market cap of $4.90 billion, a PE ratio of -1.35 and a beta of 1.20. The company’s fifty day simple moving average is $17.58 and its 200 day simple moving average is $18.73.
Insider Transactions at Liberty Global
In other news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 9.86% of the company’s stock.
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.
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