Luxor Capital Group LP Decreases Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

Luxor Capital Group LP cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 12.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 532,716 shares of the company's stock after selling 76,153 shares during the quarter. Liberty Global makes up about 0.7% of Luxor Capital Group LP's portfolio, making the stock its 17th largest position. Luxor Capital Group LP owned approximately 0.15% of Liberty Global worth $11,512,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of LBTYK. Deseret Mutual Benefit Administrators lifted its position in shares of Liberty Global by 41.4% during the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company's stock valued at $46,000 after purchasing an additional 754 shares in the last quarter. US Bancorp DE increased its position in shares of Liberty Global by 124.9% during the third quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after acquiring an additional 1,200 shares during the last quarter. Rothschild Investment LLC bought a new stake in Liberty Global during the second quarter worth $71,000. Point72 Asset Management L.P. purchased a new position in Liberty Global in the second quarter worth $109,000. Finally, CWM LLC grew its stake in 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 period. 46.10% of the stock is owned by institutional investors.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the business'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 transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 9.86% of the stock is currently owned by insiders.

Liberty Global Stock Performance

Liberty Global stock traded down $0.41 during trading hours on Monday, hitting $13.62. 1,466,274 shares of the stock traded hands, compared to its average volume of 1,844,159. The firm's 50-day moving average price is $18.38 and its two-hundred day moving average price is $18.83. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. Liberty Global Ltd. has a one year low of $11.25 and a one year high of $22.14.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Liberty Global in a research report on Thursday, November 14th. They issued a "hold" rating for the company.

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.