Liberty Global Ltd $LBTYK Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lowered its stake in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 7.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,506 shares of the company’s stock after selling 3,597 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Liberty Global were worth $449,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of LBTYK. Parallel Advisors LLC increased its stake in Liberty Global by 26.2% during the 1st quarter. Parallel Advisors LLC now owns 5,107 shares of the company’s stock valued at $61,000 after purchasing an additional 1,059 shares in the last quarter. CWM LLC grew its holdings in shares of Liberty Global by 19.1% during the first quarter. CWM LLC now owns 7,190 shares of the company’s stock valued at $86,000 after buying an additional 1,155 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Liberty Global by 19.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,334 shares of the company’s stock worth $100,000 after acquiring an additional 1,333 shares during the last quarter. Voya Investment Management LLC raised its stake in Liberty Global by 6.3% in the 1st quarter. Voya Investment Management LLC now owns 29,135 shares of the company’s stock worth $349,000 after acquiring an additional 1,738 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted 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 acquiring an additional 3,808 shares during the period. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Up 0.1%

Shares of NASDAQ:LBTYK opened at $11.87 on Monday. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global Ltd has a 12-month low of $9.21 and a 12-month high of $22.10. The business has a 50 day moving average of $11.57 and a two-hundred day moving average of $10.86. The company has a market capitalization of $4.04 billion, a PE ratio of -1.21 and a beta of 1.08.

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

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 60,000 shares of the company’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total value of $678,600.00. Following the completion of the transaction, the chief financial officer owned 33,220 shares in the company, valued at approximately $375,718.20. This represents a 64.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Miranda Curtis sold 42,600 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $11.77, for a total transaction of $501,402.00. Following the sale, the director directly owned 129,305 shares in the company, valued at approximately $1,521,919.85. The trade was a 24.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 136,980 shares of company stock valued at $1,577,091. Corporate insiders own 9.86% of the company’s stock.

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.