Quantinno Capital Management LP Buys 59,378 Shares of Liberty Global Ltd $LBTYK

Quantinno Capital Management LP boosted its stake in Liberty Global Ltd (NASDAQ:LBTYKFree Report) by 7.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 825,789 shares of the company’s stock after purchasing an additional 59,378 shares during the quarter. Quantinno Capital Management LP’s holdings in Liberty Global were worth $9,687,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of Liberty Global during the 2nd quarter worth about $21,833,000. Deltroit Asset Management UK LLP bought a new position in Liberty Global during the 4th quarter worth approximately $21,319,000. Rubric Capital Management LP grew its holdings in Liberty Global by 34.9% during the fourth quarter. Rubric Capital Management LP now owns 6,121,582 shares of the company’s stock valued at $67,582,000 after purchasing an additional 1,583,012 shares during the period. State of Wisconsin Investment Board increased its stake in Liberty Global by 269.2% in the fourth quarter. State of Wisconsin Investment Board now owns 1,245,174 shares of the company’s stock valued at $13,747,000 after purchasing an additional 907,906 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Liberty Global by 140.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock valued at $17,059,000 after purchasing an additional 832,838 shares in the last quarter. Institutional investors own 46.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on LBTYK. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Friday. Wall Street Zen upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Liberty Global presently has an average rating of “Sell”.

Check Out Our Latest Stock Report on LBTYK

Insiders Place Their Bets

In other news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total value of $634,700.00. Following the completion of the transaction, the director owned 53,876 shares in the company, valued at $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 9.86% of the company’s stock.

Liberty Global Trading Down 0.9%

NASDAQ:LBTYK opened at $10.54 on Wednesday. Liberty Global Ltd has a fifty-two week low of $9.30 and a fifty-two week high of $13.12. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The stock has a market capitalization of $3.60 billion, a PE ratio of -1.17 and a beta of 0.90. The business’s 50-day simple moving average is $10.80 and its 200-day simple moving average is $11.34.

Liberty Global (NASDAQ:LBTYKGet Free Report) last issued its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.48) by ($0.59). Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 billion.

Liberty Global Company Profile

(Free Report)

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.

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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYK)

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