State Street Corp increased its holdings in Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) by 3.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,797,422 shares of the company’s stock after buying an additional 131,875 shares during the period. State Street Corp owned 1.06% of Liberty Global worth $82,062,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Deseret Mutual Benefit Administrators raised its position in shares of Liberty Global by 22.5% in the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock valued at $68,000 after buying an additional 578 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Liberty Global by 1.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company’s stock valued at $1,355,000 after buying an additional 607 shares in the last quarter. US Bancorp DE raised its position in Liberty Global by 124.9% during the third 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. Rockefeller Capital Management L.P. raised its position in Liberty Global by 10.0% during the third quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company’s stock valued at $465,000 after purchasing an additional 1,959 shares in the last quarter. Finally, Caprock Group LLC raised its position in Liberty Global by 16.1% during the second quarter. Caprock Group LLC now owns 17,746 shares of the company’s stock valued at $317,000 after purchasing an additional 2,458 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of Liberty Global in a research report on Thursday, November 14th. They set a “hold” rating for the company.
Insider Buying and Selling at Liberty Global
In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The transaction 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 1.4 %
Shares of LBTYK opened at $13.51 on Tuesday. Liberty Global Ltd. has a one year low of $11.25 and a one year high of $22.14. The company has a market cap of $4.83 billion, a P/E ratio of -1.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a 50 day simple moving average of $17.42 and a two-hundred day simple moving average of $18.71.
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.
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