Transmarket Holdings LP acquired a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYK – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 156,408 shares of the company’s stock, valued at approximately $1,390,000. Liberty Global comprises about 0.8% of Transmarket Holdings LP’s holdings, making the stock its 27th biggest holding.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rubric Capital Management LP boosted its holdings in shares of Liberty Global by 51.3% during the first quarter. Rubric Capital Management LP now owns 9,259,361 shares of the company’s stock worth $108,612,000 after purchasing an additional 3,137,779 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Liberty Global by 3.1% in the first quarter. Dimensional Fund Advisors LP now owns 7,916,167 shares of the company’s stock worth $92,857,000 after purchasing an additional 238,052 shares during the last quarter. ACR Alpine Capital Research LLC increased its holdings in Liberty Global by 7.3% during the 1st quarter. ACR Alpine Capital Research LLC now owns 6,884,624 shares of the company’s stock valued at $80,757,000 after purchasing an additional 467,869 shares during the period. Envestnet Asset Management Inc. increased its holdings in Liberty Global by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,707,586 shares of the company’s stock valued at $40,783,000 after purchasing an additional 127,220 shares during the period. Finally, Gabelli Funds LLC raised its position in Liberty Global by 0.9% during the 1st quarter. Gabelli Funds LLC now owns 1,069,264 shares of the company’s stock valued at $12,542,000 after purchasing an additional 10,000 shares during the last quarter. 46.10% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have weighed in on LBTYK shares. Weiss Ratings upgraded Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 16th. Wall Street Zen lowered Liberty Global from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on Liberty Global
Liberty Global Stock Down 2.3%
Shares of Liberty Global stock opened at $7.57 on Thursday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global Ltd has a 12-month low of $7.32 and a 12-month high of $13.12. The company has a market cap of $2.58 billion, a P/E ratio of -0.84 and a beta of 0.94. The company’s fifty day simple moving average is $9.29 and its two-hundred day simple moving average is $10.76.
About Liberty Global
Liberty Global plc is an international telecommunications and media company that provides broadband, mobile, television and fixed-line communications services. Through its operating businesses and strategic investments, the company serves residential customers, businesses and public-sector organizations with connectivity, entertainment and communications solutions.
Liberty Global’s principal operating interests include Virgin Media O2, its joint venture with Telefónica in the United Kingdom; Sunrise in Switzerland; and Telenet in Belgium.
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