200,884 Shares in Liberty Global Ltd $LBTYK Bought by Headlands Technologies LLC

Headlands Technologies LLC purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYK) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 200,884 shares of the company’s stock, valued at approximately $2,255,000.

Several other institutional investors have also made changes to their positions in the business. Rubric Capital Management LP boosted its stake in shares of Liberty Global by 51.3% in the 1st quarter. Rubric Capital Management LP now owns 9,259,361 shares of the company’s stock valued at $108,612,000 after purchasing an additional 3,137,779 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in Liberty Global during the 2nd quarter worth about $21,833,000. Deltroit Asset Management UK LLP bought a new stake in Liberty Global during the 4th quarter worth about $21,319,000. State of Wisconsin Investment Board raised its stake in shares of 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 worth $13,747,000 after acquiring an additional 907,906 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Liberty Global by 140.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock worth $17,059,000 after acquiring an additional 832,838 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on LBTYK. Wall Street Zen lowered Liberty Global from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 55,000 shares of Liberty Global 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 transaction, the director owned 53,876 shares of the company’s stock, valued at approximately $621,729.04. The trade was a 50.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 9.86% of the company’s stock.

Liberty Global Price Performance

Shares of LBTYK stock opened at $10.43 on Monday. 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 12-month low of $9.30 and a 12-month high of $13.12. The firm has a fifty day moving average of $10.37 and a 200-day moving average of $11.27. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of -1.16 and a beta of 0.90.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share 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 for the quarter, compared to the consensus estimate of $1.34 billion.

About Liberty Global

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.