Principal Financial Group Inc. Sells 2,389 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Principal Financial Group Inc. cut its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 18.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,407 shares of the company’s stock after selling 2,389 shares during the quarter. Principal Financial Group Inc.’s holdings in Liberty Global were worth $225,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Deseret Mutual Benefit Administrators boosted its position in shares of Liberty Global by 22.5% during the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock worth $68,000 after acquiring an additional 578 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Liberty Global by 24.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 23,573 shares of the company’s stock worth $509,000 after purchasing an additional 4,630 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after purchasing an additional 1,200 shares during the last quarter. Autumn Glory Partners LLC grew its position in shares of Liberty Global by 100.0% during the third quarter. Autumn Glory Partners LLC now owns 39,460 shares of the company’s stock valued at $853,000 after purchasing an additional 19,730 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale increased its holdings in shares of Liberty Global by 296.3% in the third quarter. DekaBank Deutsche Girozentrale now owns 31,522 shares of the company’s stock worth $668,000 after purchasing an additional 23,568 shares during the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Up 2.0 %

NASDAQ:LBTYK opened at $13.97 on Tuesday. The company has a market cap of $4.99 billion, a price-to-earnings ratio of -1.38 and a beta of 1.14. Liberty Global Ltd. has a twelve month low of $11.25 and a twelve month high of $22.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock has a fifty day simple moving average of $19.63 and a 200-day simple moving average of $19.02.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Thursday, November 14th. They set a “hold” rating on the stock.

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.