Barclays PLC lessened its position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 60.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 250,812 shares of the company's stock after selling 391,174 shares during the quarter. Barclays PLC owned about 0.07% of Liberty Global worth $5,419,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in LBTYK. Public Employees Retirement System of Ohio purchased a new stake in shares of Liberty Global in the third quarter valued at approximately $1,257,000. XTX Topco Ltd acquired a new position in shares of Liberty Global during the 3rd quarter valued at about $405,000. State Street Corp grew its holdings in shares of Liberty Global by 3.6% in the third quarter. State Street Corp now owns 3,797,422 shares of the company's stock valued at $82,062,000 after purchasing an additional 131,875 shares during the period. Quantinno Capital Management LP raised its stake in Liberty Global by 37.4% during the third quarter. Quantinno Capital Management LP now owns 78,439 shares of the company's stock worth $1,695,000 after purchasing an additional 21,345 shares during the period. Finally, Point72 DIFC Ltd acquired a new position in Liberty Global in the 3rd quarter valued at about $267,000. 46.10% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Liberty Global
In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global 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 owns 53,312 shares of the company's stock, valued at $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 9.86% of the stock is currently owned by corporate insiders.
Liberty Global Stock Down 1.3 %
Shares of LBTYK stock traded down $0.17 during trading hours on Friday, reaching $12.96. 5,120,353 shares of the stock were exchanged, compared to its average volume of 1,862,053. The business's fifty day moving average is $16.74 and its two-hundred day moving average is $18.57. The firm has a market capitalization of $4.63 billion, a P/E ratio of -1.28 and a beta of 1.20. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19.
Wall Street Analysts Forecast Growth
Separately, StockNews.com started coverage on Liberty Global in a report on Thursday, November 14th. They set a "hold" rating for the company.
Read Our Latest Analysis on LBTYK
About Liberty Global
(
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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