Quantbot Technologies LP Sells 188,307 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Quantbot Technologies LP trimmed its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 71.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 75,694 shares of the company’s stock after selling 188,307 shares during the period. Quantbot Technologies LP’s holdings in Liberty Global were worth $1,636,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of LBTYK. Dimensional Fund Advisors LP increased its stake in Liberty Global by 151.6% in the 2nd 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 increased its position in shares of Liberty Global by 85.4% during the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after purchasing an additional 1,617,711 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of Liberty Global by 18.0% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock worth $52,303,000 after purchasing an additional 447,135 shares in the last quarter. Long Focus Capital Management LLC boosted its holdings in shares of Liberty Global by 39.7% in the 2nd quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock valued at $25,740,000 after buying an additional 410,000 shares during the last quarter. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Liberty Global in the third quarter valued at $7,471,000. 46.10% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Liberty Global in a research note on Thursday, November 14th. They issued a “hold” rating for the company.

Liberty Global Trading Up 1.0 %

Liberty Global stock opened at $14.62 on Friday. The stock has a 50-day simple moving average of $19.10 and a 200 day simple moving average of $18.92. The stock has a market capitalization of $5.23 billion, a P/E ratio of -1.44 and a beta of 1.14. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14.

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.