Public Employees Retirement System of Ohio Purchases Shares of 58,179 Liberty Global Ltd. (NASDAQ:LBTYK)

Public Employees Retirement System of Ohio bought a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 58,179 shares of the company’s stock, valued at approximately $1,257,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LBTYK. Dimensional Fund Advisors LP boosted its position in Liberty Global by 151.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock valued at $65,766,000 after acquiring an additional 2,219,823 shares in the last quarter. Rubric Capital Management LP grew its stake in Liberty Global by 85.4% in the second quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after purchasing an additional 1,617,711 shares during the period. Oppenheimer Asset Management Inc. grew its stake in Liberty Global by 18.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock worth $52,303,000 after purchasing an additional 447,135 shares during the period. Long Focus Capital Management LLC lifted its position in Liberty Global by 39.7% during the second quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock valued at $25,740,000 after buying an additional 410,000 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of Liberty Global during the 3rd quarter valued at $7,471,000. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Insider Activity 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 shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 9.86% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Liberty Global in a research note on Thursday, November 14th. They issued a “hold” rating for the company.

Liberty Global Price Performance

Shares of NASDAQ LBTYK opened at $13.13 on Friday. 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 company has a 50 day simple moving average of $16.91 and a two-hundred day simple moving average of $18.60. Liberty Global Ltd. has a fifty-two week low of $11.25 and a fifty-two week high of $22.14. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of -1.29 and a beta of 1.20.

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.