Liberty Global Ltd. (NASDAQ:LBTYK) Stake Lessened by Quantbot Technologies LP

Quantbot Technologies LP lessened its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 71.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,694 shares of the company's stock after selling 188,307 shares during the quarter. Quantbot Technologies LP's holdings in Liberty Global were worth $1,636,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of LBTYK. Dimensional Fund Advisors LP grew its holdings 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 purchasing an additional 2,219,823 shares in the last quarter. Rubric Capital Management LP grew its stake in shares of Liberty Global by 85.4% during the second quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company's stock valued at $62,671,000 after acquiring an additional 1,617,711 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Liberty Global by 18.0% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company's stock valued at $52,303,000 after acquiring an additional 447,135 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Liberty Global by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company's stock worth $44,612,000 after acquiring an additional 18,319 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Liberty Global by 6.9% in the second quarter. Renaissance Technologies LLC now owns 1,609,200 shares of the company's stock worth $28,724,000 after acquiring an additional 104,000 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.

Liberty Global Stock Performance

NASDAQ LBTYK traded up $0.15 during trading hours on Friday, reaching $14.62. The company's stock had a trading volume of 962,880 shares, compared to its average volume of 1,850,864. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The business has a 50-day simple moving average of $19.10 and a 200 day simple moving average of $18.93. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14. The stock has a market cap of $5.23 billion, a PE ratio of -1.44 and a beta of 1.14.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Liberty Global in a report on Thursday, November 14th. They issued a "hold" rating on the stock.

Liberty Global 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.