DAVENPORT & Co LLC Buys 22,715 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

DAVENPORT & Co LLC raised its holdings in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 22.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 123,000 shares of the company's stock after acquiring an additional 22,715 shares during the quarter. DAVENPORT & Co LLC's holdings in Liberty Global were worth $1,616,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LBTYK. Algert Global LLC bought a new stake in shares of Liberty Global in the 2nd quarter valued at $309,000. CWM LLC boosted its stake in shares of Liberty Global by 1,159.4% in the 3rd quarter. CWM LLC now owns 6,272 shares of the company's stock valued at $136,000 after purchasing an additional 5,774 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of Liberty Global in the 3rd quarter valued at $240,000. Sequoia Financial Advisors LLC bought a new stake in shares of Liberty Global in the 3rd quarter valued at $7,471,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Liberty Global by 1.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company's stock valued at $1,355,000 after purchasing an additional 607 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Friday, January 17th. They issued a "hold" rating on the stock.

Insiders Place Their Bets

In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 9.86% of the company's stock.

Liberty Global Stock Down 0.4 %

NASDAQ:LBTYK traded down $0.05 during trading hours on Friday, reaching $11.61. The company had a trading volume of 1,123,096 shares, compared to its average volume of 1,125,842. 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 $4.15 billion, a price-to-earnings ratio of -1.14 and a beta of 1.19. The business's 50-day simple moving average is $12.79 and its two-hundred day simple moving average is $17.12. Liberty Global Ltd. has a twelve month low of $11.25 and a twelve month high of $22.14.

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.