Truist Financial Corp Sells 8,441 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Truist Financial Corp cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYKFree Report) by 42.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,337 shares of the company’s stock after selling 8,441 shares during the period. Truist Financial Corp’s holdings in Liberty Global were worth $202,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of Liberty Global by 151.6% in the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock valued at $65,766,000 after buying an additional 2,219,823 shares in the last quarter. Rubric Capital Management LP raised its holdings in Liberty Global by 85.4% in the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock valued at $62,671,000 after acquiring an additional 1,617,711 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Liberty Global by 18.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock valued at $52,303,000 after acquiring an additional 447,135 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Liberty Global by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company’s stock worth $44,612,000 after purchasing an additional 18,319 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Liberty Global by 38.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,138,959 shares of the company’s stock worth $39,870,000 after purchasing an additional 592,653 shares during the period. Institutional investors own 46.10% of the company’s stock.

Liberty Global Price Performance

Liberty Global stock opened at $21.72 on Friday. The stock has a fifty day moving average of $20.62 and a 200-day moving average of $18.88. The stock has a market capitalization of $8.10 billion, a P/E ratio of -3.36 and a beta of 1.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. Liberty Global Ltd. has a 52 week low of $16.03 and a 52 week high of $22.14.

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

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on LBTYK

Liberty Global Profile

(Free Report)

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.

See Also

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

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