Perpetual Ltd Acquires 43,678 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Perpetual Ltd grew its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 12.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 381,713 shares of the company’s stock after purchasing an additional 43,678 shares during the period. Perpetual Ltd owned about 0.11% of Liberty Global worth $5,016,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of LBTYK. US Bancorp DE grew its position in Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock worth $47,000 after purchasing an additional 1,200 shares in the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of Liberty Global by 22.5% in the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock valued at $68,000 after acquiring an additional 578 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Liberty Global during the fourth quarter valued at approximately $66,000. Point72 Asset Management L.P. bought a new stake in Liberty Global during the second quarter worth $109,000. Finally, CWM LLC grew its stake in Liberty Global by 1,159.4% in the 3rd quarter. CWM LLC now owns 6,272 shares of the company’s stock valued at $136,000 after purchasing an additional 5,774 shares during the period. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $12.01 on Wednesday. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The company has a 50 day moving average of $13.39 and a 200-day moving average of $17.80. The firm has a market cap of $4.29 billion, a P/E ratio of -1.18 and a beta of 1.21.

Insiders Place Their Bets

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 9.86% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Liberty Global in a report on Friday, January 17th. They issued a “hold” rating on the stock.

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.