Liberty Global Ltd. (NASDAQ:LBTYK) Holdings Lowered by Luxor Capital Group LP

Luxor Capital Group LP lowered its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 12.5% during the third quarter, HoldingsChannel reports. The firm owned 532,716 shares of the company’s stock after selling 76,153 shares during the period. Liberty Global accounts for approximately 0.7% of Luxor Capital Group LP’s holdings, making the stock its 17th biggest position. Luxor Capital Group LP’s holdings in Liberty Global were worth $11,512,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE lifted its holdings in shares of Liberty Global by 124.9% in the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after purchasing an additional 1,200 shares in the last quarter. Deseret Mutual Benefit Administrators lifted its stake in Liberty Global by 41.4% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock worth $46,000 after acquiring an additional 754 shares in the last quarter. Rothschild Investment LLC acquired a new stake in Liberty Global during the 2nd quarter worth about $71,000. Point72 Asset Management L.P. purchased a new position in Liberty Global during the 2nd quarter valued at about $109,000. Finally, CWM LLC lifted its position in shares of Liberty Global by 1,159.4% in the third quarter. CWM LLC now owns 6,272 shares of the company’s stock worth $136,000 after purchasing an additional 5,774 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 9.86% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Liberty Global in a research report on Thursday, November 14th. They set a “hold” rating on the stock.

Liberty Global Stock Down 2.5 %

NASDAQ LBTYK opened at $14.03 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. The firm’s fifty day simple moving average is $18.38 and its 200-day simple moving average is $18.83.

Liberty Global 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.