Strs Ohio Purchases New Shares in Liberty Global Ltd $LBTYK

Strs Ohio purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYK) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 113,129 shares of the company’s stock, valued at approximately $1,354,000.

A number of other large investors also recently bought and sold shares of the company. Jane Street Group LLC raised its position in Liberty Global by 6.4% during the 1st quarter. Jane Street Group LLC now owns 298,059 shares of the company’s stock worth $3,568,000 after buying an additional 17,903 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Liberty Global by 2.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 646,852 shares of the company’s stock worth $7,743,000 after buying an additional 15,121 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Liberty Global by 140.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock worth $17,059,000 after buying an additional 832,838 shares during the last quarter. Jones Financial Companies Lllp raised its position in Liberty Global by 76,160.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after buying an additional 3,808 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Liberty Global by 134.6% in the 1st quarter. Millennium Management LLC now owns 2,134,771 shares of the company’s stock valued at $25,553,000 after purchasing an additional 1,224,873 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Insider Activity at Liberty Global

In related news, Director Miranda Curtis sold 42,600 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $11.77, for a total value of $501,402.00. Following the sale, the director directly owned 129,305 shares of the company’s stock, valued at approximately $1,521,919.85. This represents a 24.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Jason Waldron sold 34,380 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the completion of the sale, the chief accounting officer directly owned 8,383 shares in the company, valued at approximately $96,823.65. The trade was a 80.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 136,980 shares of company stock valued at $1,577,091. Insiders own 9.86% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYK opened at $11.95 on Thursday. The company has a 50-day simple moving average of $11.21 and a 200-day simple moving average of $10.90. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $4.07 billion, a PE ratio of -1.22 and a beta of 1.11. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $22.14.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings results on Friday, August 1st. The company reported ($8.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($7.65). The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%.

About Liberty Global

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.