Wilmington Savings Fund Society FSB bought a new position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 723,567 shares of the company's stock, valued at approximately $15,636,000. Wilmington Savings Fund Society FSB owned approximately 0.20% of Liberty Global as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Deseret Mutual Benefit Administrators raised its stake in Liberty Global by 22.5% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company's stock valued at $68,000 after buying an additional 578 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Liberty Global by 1.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company's stock valued at $1,355,000 after buying an additional 607 shares during the last quarter. US Bancorp DE raised its stake in Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after buying an additional 1,200 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Liberty Global by 10.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company's stock valued at $465,000 after buying an additional 1,959 shares during the last quarter. Finally, Caprock Group LLC raised its stake in Liberty Global by 16.1% during the 2nd quarter. Caprock Group LLC now owns 17,746 shares of the company's stock valued at $317,000 after buying an additional 2,458 shares during the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Thursday, November 14th. They set a "hold" rating for the company.
View Our Latest Stock Analysis on LBTYK
Liberty Global Stock Performance
Shares of LBTYK stock traded up $0.18 during mid-day trading on Thursday, reaching $13.89. 1,429,967 shares of the company's stock traded hands, compared to its average volume of 1,846,893. Liberty Global Ltd. has a 12 month low of $11.25 and a 12 month high of $22.14. The firm has a 50 day moving average price of $17.89 and a two-hundred day moving average price of $18.75. 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 firm has a market capitalization of $4.97 billion, a PE ratio of -1.37 and a beta of 1.20.
Insider Activity
In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company's stock in a transaction 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 completion of the transaction, the chief financial officer now 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 9.86% of the company's stock.
Liberty Global Company Profile
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Free Report)
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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