Mendota Financial Group LLC Reduces Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Mendota Financial Group LLC lowered its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 55.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,060 shares of the company’s stock after selling 4,960 shares during the period. Mendota Financial Group LLC’s holdings in Liberty Global were worth $53,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LBTYK. Dimensional Fund Advisors LP increased its stake in shares of Liberty Global by 151.6% during 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 in the last quarter. Rubric Capital Management LP raised its holdings in shares of Liberty Global by 85.4% in the second quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after acquiring an additional 1,617,711 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Global in the third quarter valued at $15,636,000. Long Focus Capital Management LLC boosted its stake in shares of Liberty Global by 39.7% during the second quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock valued at $25,740,000 after acquiring an additional 410,000 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new stake in Liberty Global during the 3rd quarter worth about $7,471,000. 46.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Liberty Global in a report on Thursday, January 9th. They issued a “hold” rating on the stock.

Insider Activity

In related 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 value of $1,224,539.68. Following the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 9.86% of the company’s stock.

Liberty Global Stock Down 1.0 %

LBTYK stock opened at $12.09 on Tuesday. Liberty Global Ltd. has a one year low of $11.25 and a one year high of $22.14. The stock has a market capitalization of $4.32 billion, a P/E ratio of -1.19 and a beta of 1.21. The company has a 50 day moving average price of $14.07 and a two-hundred day moving average price of $18.02. 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 Company 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.