DekaBank Deutsche Girozentrale Has $668,000 Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

DekaBank Deutsche Girozentrale lifted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 296.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,522 shares of the company's stock after acquiring an additional 23,568 shares during the period. DekaBank Deutsche Girozentrale's holdings in Liberty Global were worth $668,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in Liberty Global by 151.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company's stock worth $65,766,000 after purchasing an additional 2,219,823 shares during the period. Rubric Capital Management LP boosted its position 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 worth $62,671,000 after buying an additional 1,617,711 shares during the period. Oppenheimer Asset Management Inc. grew its holdings 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 worth $52,303,000 after buying an additional 447,135 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Liberty Global by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company's stock valued at $44,612,000 after buying an additional 18,319 shares during the last quarter. Finally, Gabelli Funds LLC lifted its stake in Liberty Global by 3.7% in the 1st quarter. Gabelli Funds LLC now owns 2,025,414 shares of the company's stock valued at $35,728,000 after acquiring an additional 71,350 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Liberty Global in a research note on Tuesday, October 29th. They set a "hold" rating for the company.

Liberty Global Stock Up 3.3 %

LBTYK stock traded up $0.68 during midday trading on Friday, hitting $21.30. The company's stock had a trading volume of 1,598,574 shares, compared to its average volume of 1,021,997. The company's fifty day moving average price is $21.00 and its 200 day moving average price is $19.16. Liberty Global Ltd. has a twelve month low of $16.03 and a twelve month high of $22.14. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.34. The stock has a market capitalization of $7.78 billion, a P/E ratio of -2.10 and a beta of 1.14.

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.