Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. trimmed its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 53.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,195 shares of the company’s stock after selling 12,819 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Liberty Global were worth $200,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Algert Global LLC purchased a new position in Liberty Global in the 2nd quarter valued at about $309,000. Susquehanna International Group LLP raised its holdings in shares of Liberty Global by 121.1% during the second quarter. Susquehanna International Group LLP now owns 376,698 shares of the company’s stock valued at $6,724,000 after acquiring an additional 206,318 shares during the last quarter. Scientech Research LLC acquired a new stake in shares of Liberty Global in the second quarter worth approximately $726,000. Long Focus Capital Management LLC increased its position 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 in the last quarter. Finally, Maverick Capital Ltd. raised its stake in Liberty Global by 334.2% in the 2nd quarter. Maverick Capital Ltd. now owns 109,255 shares of the company’s stock valued at $1,950,000 after purchasing an additional 84,092 shares during the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

Liberty Global Price Performance

NASDAQ:LBTYK opened at $21.59 on Thursday. Liberty Global Ltd. has a one year low of $16.03 and a one year high of $22.14. The stock has a market cap of $8.05 billion, a PE ratio of -3.35 and a beta of 1.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a 50 day moving average price of $20.29 and a 200 day moving average price of $18.67.

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

Wall Street Analysts Forecast Growth

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

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.