Virtu Financial LLC Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYK)

Virtu Financial LLC acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 71,793 shares of the company's stock, valued at approximately $1,551,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LBTYK. Bank of New York Mellon Corp raised its position in Liberty Global by 127.8% during the second quarter. Bank of New York Mellon Corp now owns 549,496 shares of the company's stock worth $9,808,000 after acquiring an additional 308,324 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Liberty Global by 51.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 55,249 shares of the company's stock worth $986,000 after purchasing an additional 18,724 shares during the last quarter. Principal Financial Group Inc. purchased a new stake in Liberty Global in the 2nd quarter valued at approximately $228,000. Rothschild Investment LLC purchased a new stake in Liberty Global in the 2nd quarter valued at approximately $71,000. Finally, Rhumbline Advisers grew its holdings in Liberty Global by 353.0% during the 2nd quarter. Rhumbline Advisers now owns 154,788 shares of the company's stock valued at $2,763,000 after buying an additional 120,620 shares during the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

Liberty Global Stock Down 1.4 %

Shares of LBTYK traded down $0.19 during midday trading on Friday, reaching $13.70. 1,739,912 shares of the company were exchanged, compared to its average volume of 1,846,449. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. The stock has a 50-day moving average price of $17.73 and a 200-day moving average price of $18.72. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a market cap of $4.90 billion, a price-to-earnings ratio of -1.35 and a beta of 1.20.

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the business's stock in a transaction dated 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 completion of the sale, the chief financial officer now 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 9.86% of the company's stock.

Analyst Ratings Changes

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

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.