Maverick Capital Ltd. Buys 84,092 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Maverick Capital Ltd. lifted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 334.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 109,255 shares of the company’s stock after buying an additional 84,092 shares during the period. Maverick Capital Ltd.’s holdings in Liberty Global were worth $1,950,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of LBTYK. Dimensional Fund Advisors LP boosted its position in Liberty Global by 151.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock worth $65,766,000 after buying an additional 2,219,823 shares during the period. Rubric Capital Management LP acquired a new position in shares of Liberty Global during the fourth quarter worth $34,537,000. AMF Tjanstepension AB acquired a new position in shares of Liberty Global during the first quarter worth $20,872,000. Goldman Sachs Group Inc. grew its stake in shares of Liberty Global by 38.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,138,959 shares of the company’s stock worth $39,870,000 after purchasing an additional 592,653 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its holdings in Liberty Global by 18.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock valued at $52,303,000 after purchasing an additional 447,135 shares during the period. 46.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Liberty Global from a “sell” rating to a “hold” rating in a report on Thursday, August 29th.

Liberty Global Price Performance

Shares of NASDAQ LBTYK opened at $21.76 on Friday. The company has a market capitalization of $7.95 billion, a PE ratio of -3.36 and a beta of 1.13. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a twelve month low of $16.03 and a twelve month high of $22.05. The firm has a fifty day simple moving average of $19.89 and a 200 day simple moving average of $18.42.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings data on Thursday, July 25th. The company reported $0.71 earnings per share (EPS) for the quarter. Liberty Global had a negative return on equity of 10.72% and a negative net margin of 27.03%. The company had revenue of $1.87 billion for the quarter.

Liberty Global Company 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.