Robeco Institutional Asset Management B.V. Buys 993,569 Shares of Liberty Global Ltd $LBTYK

Robeco Institutional Asset Management B.V. bought a new stake in Liberty Global Ltd (NASDAQ:LBTYK) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 993,569 shares of the company’s stock, valued at approximately $8,833,000. Robeco Institutional Asset Management B.V. owned 0.29% of Liberty Global as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its stake in shares of Liberty Global by 3.6% in the second 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. Janus Henderson Group PLC grew its holdings in shares of Liberty Global by 299.2% in the first quarter. Janus Henderson Group PLC now owns 251,900 shares of the company’s stock valued at $2,954,000 after purchasing an additional 188,800 shares in the last quarter. Capula Management Ltd increased its stake in Liberty Global by 388.3% during the 1st quarter. Capula Management Ltd now owns 210,109 shares of the company’s stock worth $2,465,000 after buying an additional 167,080 shares during the period. ACR Alpine Capital Research LLC increased its stake 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 worth $80,757,000 after buying an additional 467,869 shares during the period. Finally, Headlands Technologies LLC acquired a new stake in Liberty Global during the 2nd quarter worth approximately $2,255,000. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Weiss Ratings upgraded shares of Liberty Global from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 16th. Wall Street Zen downgraded shares of Liberty Global from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Liberty Global Stock Down 3.0%

Shares of Liberty Global stock opened at $7.78 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global Ltd has a 52-week low of $7.44 and a 52-week high of $13.12. The company has a market capitalization of $2.65 billion, a P/E ratio of -0.87 and a beta of 0.94. The company has a 50 day moving average of $9.45 and a 200 day moving average of $10.52.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%.

Liberty Global Profile

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.