Renaissance Technologies LLC Acquires 104,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Renaissance Technologies LLC boosted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 6.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,609,200 shares of the company’s stock after buying an additional 104,000 shares during the quarter. Renaissance Technologies LLC owned approximately 0.43% of Liberty Global worth $28,724,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in LBTYK. Deseret Mutual Benefit Administrators raised its holdings in Liberty Global by 41.4% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock valued at $46,000 after buying an additional 754 shares during the last quarter. V Square Quantitative Management LLC raised its holdings in Liberty Global by 64.4% during the 4th quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock valued at $48,000 after buying an additional 999 shares during the last quarter. Rothschild Investment LLC bought a new stake in Liberty Global during the 2nd quarter valued at $71,000. Headlands Technologies LLC raised its holdings in Liberty Global by 173.3% during the 1st quarter. Headlands Technologies LLC now owns 5,982 shares of the company’s stock valued at $106,000 after buying an additional 3,793 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Liberty Global by 217.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,350 shares of the company’s stock valued at $130,000 after buying an additional 5,037 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Liberty Global Stock Up 1.2 %

Shares of NASDAQ LBTYK opened at $21.22 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 12 month low of $16.03 and a 12 month high of $21.83. The firm has a market capitalization of $7.91 billion, a PE ratio of -3.28 and a beta of 1.13. The firm has a fifty day simple moving average of $19.72 and a two-hundred day simple moving average of $18.32.

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

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.