RMR Wealth Builders purchased a new stake in Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 16,986 shares of the company’s stock, valued at approximately $223,000.
A number of other institutional investors have also made changes to their positions in the company. Sequoia Financial Advisors LLC acquired a new position in Liberty Global during the 3rd quarter worth $7,471,000. State Street Corp lifted its holdings in shares of Liberty Global by 3.6% in 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. Wilmington Savings Fund Society FSB acquired a new stake in shares of Liberty Global in the third quarter valued at $15,636,000. Susquehanna International Group LLP lifted its holdings in shares of Liberty Global by 121.1% in the second quarter. Susquehanna International Group LLP now owns 376,698 shares of the company’s stock valued at $6,724,000 after buying an additional 206,318 shares during the period. Finally, DekaBank Deutsche Girozentrale lifted its holdings in shares of Liberty Global by 296.3% during the third quarter. DekaBank Deutsche Girozentrale now owns 31,522 shares of the company’s stock valued at $668,000 after purchasing an additional 23,568 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on Liberty Global in a report on Thursday. They set a “hold” rating for the company.
Insiders Place Their Bets
In other news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now 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 legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 9.86% of the company’s stock.
Liberty Global Stock Down 5.0 %
NASDAQ:LBTYK opened at $12.21 on Friday. The firm has a market capitalization of $4.37 billion, a price-to-earnings ratio of -1.20 and a beta of 1.21. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. 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 business’s fifty day moving average price is $14.25 and its 200 day moving average price is $18.05.
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.
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