Headlands Technologies LLC Grows Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

Headlands Technologies LLC lifted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 64.5% in the second quarter, Holdings Channel reports. The firm owned 9,838 shares of the company’s stock after buying an additional 3,856 shares during the period. Headlands Technologies LLC’s holdings in Liberty Global were worth $176,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Cetera Investment Advisers grew its stake in shares of Liberty Global by 91.8% in the 1st quarter. Cetera Investment Advisers now owns 214,785 shares of the company’s stock valued at $3,789,000 after buying an additional 102,828 shares during the period. Artisan Partners Limited Partnership grew its stake in shares of Liberty Global by 1.6% in the 4th quarter. Artisan Partners Limited Partnership now owns 8,463,069 shares of the company’s stock valued at $157,752,000 after buying an additional 129,585 shares during the period. Crystalline Management Inc. purchased a new stake in shares of Liberty Global in the 4th quarter valued at approximately $1,372,000. Empowered Funds LLC purchased a new stake in shares of Liberty Global in the 1st quarter valued at approximately $1,477,000. Finally, Keating Investment Counselors Inc. grew its stake in shares of Liberty Global by 59.3% in the 1st quarter. Keating Investment Counselors Inc. now owns 417,368 shares of the company’s stock valued at $7,362,000 after buying an additional 155,291 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $20.43 on Friday. The firm’s 50 day moving average price is $19.53 and its 200-day moving average price is $18.25. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. Liberty Global Ltd. has a one year low of $16.03 and a one year high of $21.83. The firm has a market cap of $7.61 billion, a P/E ratio of -3.16 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.71 EPS for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%. The firm had revenue of $1.87 billion for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Thursday, August 29th.

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.