Liberty Global Ltd. (NASDAQ:LBTYK) Shares Purchased by Long Focus Capital Management LLC

Long Focus Capital Management LLC boosted its position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 39.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,442,000 shares of the company's stock after acquiring an additional 410,000 shares during the quarter. Liberty Global accounts for about 1.0% of Long Focus Capital Management LLC's holdings, making the stock its 17th biggest holding. Long Focus Capital Management LLC owned 0.39% of Liberty Global worth $25,740,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LBTYK. Deseret Mutual Benefit Administrators raised its holdings in Liberty Global by 41.4% during the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company's stock worth $46,000 after purchasing an additional 754 shares in the last quarter. V Square Quantitative Management LLC raised its holdings in Liberty Global by 64.4% during the fourth quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company's stock worth $48,000 after purchasing an additional 999 shares in the last quarter. Perigon Wealth Management LLC raised its holdings in Liberty Global by 6.1% during the first quarter. Perigon Wealth Management LLC now owns 20,786 shares of the company's stock worth $367,000 after purchasing an additional 1,188 shares in the last quarter. Caprock Group LLC raised its holdings in Liberty Global by 9.1% during the first quarter. Caprock Group LLC now owns 15,288 shares of the company's stock worth $270,000 after purchasing an additional 1,269 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in Liberty Global by 17.0% during the first quarter. Nordea Investment Management AB now owns 19,737 shares of the company's stock worth $349,000 after purchasing an additional 2,863 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Liberty Global from a "sell" rating to a "hold" rating in a research report on Thursday, August 29th.

Liberty Global Stock Performance

NASDAQ:LBTYK traded up $0.01 during midday trading on Friday, reaching $21.77. The stock had a trading volume of 744,043 shares, compared to its average volume of 1,949,722. The firm has a fifty day simple moving average of $19.94 and a two-hundred day simple moving average of $18.44. Liberty Global Ltd. has a 12-month low of $16.03 and a 12-month high of $22.05. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.80. The stock has a market cap of $7.96 billion, a P/E ratio of -3.36 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.71 earnings per share for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The firm had revenue of $1.87 billion for the quarter.

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.