Quantbot Technologies LP Increases Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Quantbot Technologies LP raised its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 28.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 264,001 shares of the company’s stock after acquiring an additional 58,703 shares during the quarter. Quantbot Technologies LP’s holdings in Liberty Global were worth $4,712,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Victory Capital Management Inc. acquired a new stake in shares of Liberty Global in the fourth quarter valued at about $868,000. Panagora Asset Management Inc. purchased a new position in Liberty Global in the 4th quarter worth approximately $3,326,000. Corient Private Wealth LLC grew its position in Liberty Global by 116.0% in the fourth quarter. Corient Private Wealth LLC now owns 40,631 shares of the company’s stock valued at $757,000 after acquiring an additional 21,820 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of Liberty Global by 316.2% during the fourth quarter. Hsbc Holdings PLC now owns 61,579 shares of the company’s stock valued at $1,149,000 after purchasing an additional 46,785 shares during the period. Finally, Artisan Partners Limited Partnership lifted its position in shares of Liberty Global by 1.6% during the fourth quarter. Artisan Partners Limited Partnership now owns 8,463,069 shares of the company’s stock worth $157,752,000 after purchasing an additional 129,585 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Analysts Set New Price Targets

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

Liberty Global Trading Up 2.0 %

NASDAQ:LBTYK opened at $20.83 on Tuesday. Liberty Global Ltd. has a one year low of $16.03 and a one year high of $21.83. The business’s 50-day simple moving average is $19.58 and its 200 day simple moving average is $18.26. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market cap of $7.76 billion, a price-to-earnings ratio of -3.22 and a beta of 1.13.

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

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.