Sequoia Financial Advisors LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 345,722 shares of the company's stock, valued at approximately $7,471,000. Sequoia Financial Advisors LLC owned approximately 0.09% of Liberty Global as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the business. 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 during the last quarter. Rothschild Investment LLC purchased a new position in shares of Liberty Global in the second quarter valued at $71,000. Headlands Technologies LLC boosted its position in shares of Liberty Global by 173.3% in the 1st quarter. Headlands Technologies LLC now owns 5,982 shares of the company's stock worth $106,000 after buying an additional 3,793 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Liberty Global in the 2nd quarter worth about $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 acquiring an additional 5,774 shares during the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com raised Liberty Global from a "sell" rating to a "hold" rating in a report on Thursday, August 29th.
Read Our Latest Stock Report on LBTYK
Liberty Global Trading Down 0.8 %
Shares of NASDAQ:LBTYK traded down $0.18 during trading on Wednesday, reaching $21.37. 812,386 shares of the stock were exchanged, compared to its average volume of 1,858,927. The firm's 50-day moving average price is $20.71 and its 200 day moving average price is $18.95. The firm has a market cap of $7.97 billion, a price-to-earnings ratio of -3.33 and a beta of 1.13. Liberty Global Ltd. has a 12-month low of $16.03 and a 12-month high of $22.14. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The company reported $0.71 earnings per share (EPS) for the quarter. The firm had revenue of $1.87 billion during the quarter. Liberty Global had a negative return on equity of 10.72% and a negative net margin of 27.03%.
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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