Liberty Global Ltd. (NASDAQ:LBTYK) Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 34.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 349,565 shares of the company’s stock after buying an additional 88,975 shares during the period. JPMorgan Chase & Co. owned 0.10% of Liberty Global worth $7,554,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Deseret Mutual Benefit Administrators boosted its stake in Liberty Global by 22.5% during the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock valued at $68,000 after buying an additional 578 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Liberty Global by 1.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company’s stock valued at $1,355,000 after acquiring an additional 607 shares during the last quarter. US Bancorp DE boosted its position 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 in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Liberty Global by 10.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company’s stock worth $465,000 after purchasing an additional 1,959 shares during the last quarter. Finally, Point72 Asset Management L.P. raised its holdings in shares of Liberty Global by 52.2% in the 3rd quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company’s stock worth $201,000 after purchasing an additional 3,196 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 9.86% of the company’s stock.

Liberty Global Trading Down 1.4 %

Shares of NASDAQ LBTYK opened at $11.92 on Wednesday. The business has a 50 day simple moving average of $14.08 and a 200 day simple moving average of $17.97. Liberty Global Ltd. has a 52 week low of $11.25 and a 52 week high of $22.14. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of -1.17 and a beta of 1.21. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Liberty Global in a research note on Thursday, January 9th. They set a “hold” rating for the company.

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.