Virtu Financial LLC Purchases New Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Virtu Financial LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) during the third quarter, Holdings Channel reports. The institutional investor purchased 71,793 shares of the company’s stock, valued at approximately $1,551,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LBTYK. State Street Corp grew its position in shares of Liberty Global by 3.6% during the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company’s stock valued at $82,062,000 after acquiring an additional 131,875 shares during the period. Dimensional Fund Advisors LP grew its holdings in Liberty Global by 151.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock valued at $65,766,000 after purchasing an additional 2,219,823 shares during the period. Rubric Capital Management LP grew its holdings in Liberty Global by 0.3% during the third quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock valued at $76,120,000 after purchasing an additional 11,424 shares during the period. Oppenheimer Asset Management Inc. increased its position in Liberty Global by 18.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock worth $52,303,000 after buying an additional 447,135 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Liberty Global by 0.7% in the second quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company’s stock valued at $44,612,000 after buying an additional 18,319 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Liberty Global in a report on Thursday, November 14th. They issued a “hold” rating for the company.

Insider Buying and Selling

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 9.86% of the stock is owned by insiders.

Liberty Global Trading Up 1.3 %

LBTYK opened at $13.89 on Friday. The firm has a 50-day moving average price of $17.89 and a 200-day moving average price of $18.75. Liberty Global Ltd. has a twelve month low of $11.25 and a twelve month high of $22.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80.

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.