Quantinno Capital Management LP Buys 59,378 Shares of Liberty Global Ltd $LBTYK

Quantinno Capital Management LP raised its stake in Liberty Global Ltd (NASDAQ:LBTYK) by 7.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 825,789 shares of the company’s stock after purchasing an additional 59,378 shares during the period. Quantinno Capital Management LP owned approximately 0.24% of Liberty Global worth $9,687,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Financiere des Professionnels Fonds d investissement inc. bought a new position in Liberty Global during the first quarter valued at about $42,000. Jones Financial Companies Lllp increased its position in shares of Liberty Global by 76,160.0% during the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock valued at $46,000 after purchasing an additional 3,808 shares during the period. AlphaCore Capital LLC lifted its position in Liberty Global by 180.7% in the fourth quarter. AlphaCore Capital LLC now owns 4,604 shares of the company’s stock worth $51,000 after purchasing an additional 2,964 shares during the period. CWM LLC boosted its stake in Liberty Global by 28.1% during the fourth quarter. CWM LLC now owns 5,855 shares of the company’s stock worth $65,000 after buying an additional 1,286 shares in the last quarter. Finally, Lido Advisors LLC acquired a new stake in shares of Liberty Global during the 1st quarter valued at about $119,000. Institutional investors and hedge funds own 46.10% of the company’s stock.

Insider Transactions at Liberty Global

In related news, Director J David Wargo sold 55,000 shares of Liberty Global stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total value of $634,700.00. Following the completion of the sale, the director directly owned 53,876 shares in the company, valued at $621,729.04. This trade represents a 50.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.86% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have commented on LBTYK shares. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Liberty Global currently has a consensus rating of “Sell”.

Liberty Global Trading Down 0.9%

Shares of NASDAQ LBTYK opened at $10.54 on Wednesday. Liberty Global Ltd has a 1-year low of $9.30 and a 1-year high of $13.12. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average of $10.80 and a two-hundred day moving average of $11.34. The company has a market cap of $3.60 billion, a PE ratio of -1.17 and a beta of 0.90.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%.

Liberty Global Company Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.