16,986 Shares in Liberty Global Ltd. (NASDAQ:LBTYK) Bought by RMR Wealth Builders

RMR Wealth Builders purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 16,986 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds have also recently modified their holdings of LBTYK. JPMorgan Chase & Co. lifted its holdings in Liberty Global by 34.1% in the third quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company’s stock valued at $7,554,000 after acquiring an additional 88,975 shares during the period. Franklin Resources Inc. lifted its holdings in Liberty Global by 1,092.4% in the third quarter. Franklin Resources Inc. now owns 88,547 shares of the company’s stock valued at $1,874,000 after acquiring an additional 81,121 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Liberty Global in the third quarter valued at $15,636,000. Virtu Financial LLC acquired a new stake in Liberty Global in the third quarter valued at $1,551,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Liberty Global in the third quarter valued at $1,257,000. 46.10% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief financial officer now directly 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 legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 9.86% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Liberty Global in a research report on Thursday. They set a “hold” rating for the company.

Liberty Global Stock Performance

NASDAQ LBTYK opened at $12.21 on Friday. The firm has a market capitalization of $4.37 billion, a P/E ratio of -1.20 and a beta of 1.21. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The business’s 50-day simple moving average is $14.25 and its 200-day simple moving average is $18.05.

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.