Mendota Financial Group LLC Decreases Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Mendota Financial Group LLC lowered its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 55.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,060 shares of the company’s stock after selling 4,960 shares during the quarter. Mendota Financial Group LLC’s holdings in Liberty Global were worth $53,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. State Street Corp grew its holdings in shares of Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after purchasing an additional 131,875 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Liberty Global by 151.6% in the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock valued at $65,766,000 after buying an additional 2,219,823 shares during the last quarter. Rubric Capital Management LP boosted its holdings in shares of Liberty Global by 0.3% in the third quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock valued at $76,120,000 after acquiring an additional 11,424 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Liberty Global by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company’s stock worth $44,612,000 after acquiring an additional 18,319 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Liberty Global by 6.9% in the 2nd quarter. Renaissance Technologies LLC now owns 1,609,200 shares of the company’s stock valued at $28,724,000 after acquiring an additional 104,000 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of Liberty Global in a research report on Thursday, January 9th. They set a “hold” rating on the stock.

Insider Transactions at Liberty Global

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

Liberty Global Trading Down 1.0 %

NASDAQ:LBTYK opened at $12.09 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock’s 50 day simple moving average is $14.07 and its 200-day simple moving average is $18.02. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14. The firm has a market cap of $4.32 billion, a P/E ratio of -1.19 and a beta of 1.21.

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.