BNP Paribas Financial Markets Increases Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

BNP Paribas Financial Markets grew its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 26.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,683 shares of the company’s stock after buying an additional 68,267 shares during the period. BNP Paribas Financial Markets owned approximately 0.09% of Liberty Global worth $7,016,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Deseret Mutual Benefit Administrators boosted its stake in Liberty Global by 41.4% in the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock worth $46,000 after buying an additional 754 shares in the last quarter. US Bancorp DE boosted its stake in shares of Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after purchasing an additional 1,200 shares in the last quarter. Rothschild Investment LLC bought a new position in shares of Liberty Global during the 2nd quarter valued at $71,000. Point72 Asset Management L.P. purchased a new position in Liberty Global in the 2nd quarter worth $109,000. Finally, CWM LLC lifted its stake in Liberty Global by 1,159.4% in the third quarter. CWM LLC now owns 6,272 shares of the company’s stock worth $136,000 after purchasing an additional 5,774 shares during the last quarter. Institutional investors own 46.10% of the company’s stock.

Liberty Global Stock Performance

Liberty Global stock opened at $14.65 on Tuesday. 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 firm has a market cap of $5.24 billion, a P/E ratio of -1.44 and a beta of 1.14. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. The firm has a 50-day moving average of $18.97 and a 200-day moving average of $18.92.

Wall Street Analysts Forecast Growth

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

About Liberty Global

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.