Hsbc Holdings PLC Has $204,000 Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Hsbc Holdings PLC lowered its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 82.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,408 shares of the company’s stock after selling 54,335 shares during the period. Hsbc Holdings PLC’s holdings in Liberty Global were worth $204,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of LBTYK. V Square Quantitative Management LLC increased its holdings in shares of Liberty Global by 64.4% in the fourth quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock worth $48,000 after acquiring an additional 999 shares in the last quarter. Deseret Mutual Benefit Administrators boosted its holdings in shares of Liberty Global by 41.4% in the second 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 period. Rothschild Investment LLC bought a new stake in shares of Liberty Global during the second quarter worth $71,000. Headlands Technologies LLC boosted its stake in Liberty Global by 173.3% in the 1st 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. Finally, Allspring Global Investments Holdings LLC increased 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 worth $130,000 after purchasing an additional 5,037 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Liberty Global Stock Down 0.5 %

Liberty Global stock opened at $21.65 on Friday. Liberty Global Ltd. has a fifty-two week low of $16.03 and a fifty-two week high of $22.14. The firm has a market capitalization of $8.07 billion, a PE ratio of -3.35 and a beta of 1.13. The company’s 50-day moving average is $20.24 and its 200-day moving average is $18.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34 and a quick ratio of 1.34.

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