UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 144,378 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its holdings in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 23.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 464,972 shares of the company's stock after selling 144,378 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.13% of Liberty Global worth $10,048,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. 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 stake in shares of Liberty Global by 85.4% during the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company's stock valued at $62,671,000 after buying an additional 1,617,711 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Liberty Global by 18.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company's stock valued at $52,303,000 after buying an additional 447,135 shares during the period. Long Focus Capital Management LLC boosted its stake in shares of Liberty Global by 39.7% during the 2nd quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company's stock valued at $25,740,000 after buying an additional 410,000 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Liberty Global during the 3rd quarter valued at $7,471,000. Institutional investors and hedge funds own 46.10% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Activity at Liberty Global

In related 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 value of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 9.86% of the stock is owned by company insiders.

Liberty Global Stock Down 3.2 %

Shares of LBTYK stock traded down $0.45 on Monday, hitting $13.58. The company's stock had a trading volume of 2,575,944 shares, compared to its average volume of 1,849,227. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global Ltd. has a fifty-two week low of $11.25 and a fifty-two week high of $22.14. The firm's fifty day moving average price is $18.22 and its 200-day moving average price is $18.81. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of -1.34 and a beta of 1.19.

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.