Liberty Global Ltd. (NASDAQ:LBTYK) Stake Cut by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC reduced its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 25.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,751,477 shares of the company’s stock after selling 962,500 shares during the period. Thompson Siegel & Walmsley LLC owned 0.77% of Liberty Global worth $59,459,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Liberty Global by 151.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock valued at $65,766,000 after acquiring an additional 2,219,823 shares during the period. Rubric Capital Management LP increased its stake 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 valued at $62,671,000 after purchasing an additional 1,617,711 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of Liberty Global by 18.0% during the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock worth $52,303,000 after buying an additional 447,135 shares during the period. Long Focus Capital Management LLC increased its position in Liberty Global by 39.7% in 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 acquiring an additional 410,000 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in Liberty Global during the 3rd quarter valued at $7,471,000. 46.10% of the stock is currently owned by institutional investors.

Liberty Global Stock Performance

Liberty Global stock opened at $13.38 on Thursday. The company’s 50-day moving average price is $20.04 and its two-hundred day moving average price is $19.09. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Liberty Global in a research note on Thursday, November 14th. They issued a “hold” rating for the company.

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.