SG Americas Securities LLC Sells 14,857 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

SG Americas Securities LLC trimmed its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 59.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,096 shares of the company’s stock after selling 14,857 shares during the quarter. SG Americas Securities LLC’s holdings in Liberty Global were worth $218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in LBTYK. Deseret Mutual Benefit Administrators grew its stake in Liberty Global by 41.4% during the second quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock worth $46,000 after purchasing an additional 754 shares during the period. Rothschild Investment LLC acquired a new stake in Liberty Global during the second quarter worth approximately $71,000. Headlands Technologies LLC grew its stake in Liberty Global by 173.3% during the first quarter. Headlands Technologies LLC now owns 5,982 shares of the company’s stock worth $106,000 after purchasing an additional 3,793 shares during the period. Point72 Asset Management L.P. acquired a new stake in Liberty Global during the second quarter worth approximately $109,000. Finally, Allspring Global Investments Holdings LLC grew its stake in Liberty Global by 217.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 7,350 shares of the company’s stock worth $130,000 after purchasing an additional 5,037 shares during the period. 46.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Liberty Global Trading Up 0.5 %

Shares of Liberty Global stock opened at $21.55 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. Liberty Global Ltd. has a 52 week low of $16.03 and a 52 week high of $22.14. The stock has a 50 day moving average price of $20.71 and a two-hundred day moving average price of $18.95. The stock has a market capitalization of $8.03 billion, a PE ratio of -3.33 and a beta of 1.13.

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

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.