58,179 Shares in Liberty Global Ltd. (NASDAQ:LBTYK) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 58,179 shares of the company's stock, valued at approximately $1,257,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. State Street Corp increased its stake in shares of Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company's stock valued at $82,062,000 after buying an additional 131,875 shares during the period. Dimensional Fund Advisors LP increased its position 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 during the period. Rubric Capital Management LP raised its holdings in shares of Liberty Global by 0.3% in the 3rd quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company's stock valued at $76,120,000 after purchasing an additional 11,424 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Liberty Global by 18.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company's stock worth $52,303,000 after purchasing an additional 447,135 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake 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 valued at $44,612,000 after purchasing an additional 18,319 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors.

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 9.86% of the company's stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYK traded down $0.17 during midday trading on Friday, hitting $12.96. The stock had a trading volume of 5,120,353 shares, compared to its average volume of 1,862,053. The stock has a 50 day simple moving average of $16.74 and a 200-day simple moving average of $18.57. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $4.63 billion, a PE ratio of -1.28 and a beta of 1.20. Liberty Global Ltd. has a 1 year low of $11.25 and a 1 year high of $22.14.

Analysts Set New Price Targets

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

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.