State Street Corp Buys 131,875 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

State Street Corp raised its stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,797,422 shares of the company's stock after purchasing an additional 131,875 shares during the period. State Street Corp owned 1.06% of Liberty Global worth $82,062,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its stake 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 increased its position in shares of Liberty Global by 0.3% during the third quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company's stock worth $76,120,000 after acquiring an additional 11,424 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings 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 acquiring an additional 447,135 shares during the last quarter. Envestnet Asset Management Inc. lifted 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 acquiring an additional 18,319 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in Liberty Global by 6.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,609,200 shares of the company's stock valued at $28,724,000 after purchasing an additional 104,000 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now directly owns 53,312 shares of the company's stock, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 9.86% of the company's stock.

Wall Street Analyst Weigh In

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

Liberty Global Price Performance

Liberty Global stock traded down $0.37 during midday trading on Tuesday, reaching $13.14. 1,843,923 shares of the stock were exchanged, compared to its average volume of 1,846,110. The company's fifty day moving average is $17.42 and its 200-day moving average is $18.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14. The firm has a market cap of $4.70 billion, a PE ratio of -1.33 and a beta of 1.20.

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.