Charles Schwab Investment Management Inc. Has $66.24 Million Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Charles Schwab Investment Management Inc. cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 2.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,065,092 shares of the company’s stock after selling 71,921 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Liberty Global were worth $66,237,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its stake in shares of 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 acquiring an additional 2,219,823 shares in the last quarter. Rubric Capital Management LP boosted its holdings in Liberty Global by 85.4% in the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock valued at $62,671,000 after purchasing an additional 1,617,711 shares during the period. Oppenheimer Asset Management Inc. grew its position 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 increased its holdings in shares of Liberty Global by 39.7% during the second quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock worth $25,740,000 after purchasing an additional 410,000 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Liberty Global in the third quarter valued at approximately $7,471,000. Institutional investors own 46.10% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Liberty Global in a research report on Thursday, November 14th. They set a “hold” rating on the stock.

Liberty Global Stock Up 2.3 %

Shares of NASDAQ LBTYK opened at $14.47 on Friday. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14. The stock’s fifty day moving average is $19.23 and its 200 day moving average is $18.94. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a market capitalization of $5.17 billion, a P/E ratio of -1.43 and a beta of 1.14.

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.