Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. decreased its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 18.7% in the third quarter, Holdings Channel reports. The firm owned 10,407 shares of the company’s stock after selling 2,389 shares during the period. Principal Financial Group Inc.’s holdings in Liberty Global were worth $225,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE grew its position in Liberty Global by 124.9% during 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 during the last quarter. Deseret Mutual Benefit Administrators increased its position in shares of Liberty Global by 41.4% in the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock valued at $46,000 after acquiring an additional 754 shares during the period. Rothschild Investment LLC purchased a new position in Liberty Global in the 2nd quarter worth $71,000. Point72 Asset Management L.P. acquired a new stake in Liberty Global during the 2nd quarter worth about $109,000. Finally, CWM LLC grew its stake in Liberty Global by 1,159.4% during 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 last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Liberty Global Stock Up 2.0 %

LBTYK stock opened at $13.97 on Tuesday. The company has a market capitalization of $4.99 billion, a P/E ratio of -1.38 and a beta of 1.14. Liberty Global Ltd. has a 12 month low of $11.25 and a 12 month high of $22.14. The firm’s fifty day simple moving average is $19.63 and its 200-day simple moving average is $19.02. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19.

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.