Deseret Mutual Benefit Administrators Increases Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Deseret Mutual Benefit Administrators boosted its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 41.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,574 shares of the company’s stock after purchasing an additional 754 shares during the period. Deseret Mutual Benefit Administrators’ holdings in Liberty Global were worth $46,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of LBTYK. Artisan Partners Limited Partnership lifted its position in shares of Liberty Global by 1.6% during the 4th quarter. Artisan Partners Limited Partnership now owns 8,463,069 shares of the company’s stock valued at $157,752,000 after buying an additional 129,585 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Liberty Global by 11.7% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 2,483,031 shares of the company’s stock valued at $43,801,000 after buying an additional 260,514 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Liberty Global by 38.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,138,959 shares of the company’s stock valued at $39,870,000 after buying an additional 592,653 shares in the last quarter. Gabelli Funds LLC lifted its position in shares of Liberty Global by 3.7% during the 1st quarter. Gabelli Funds LLC now owns 2,025,414 shares of the company’s stock valued at $35,728,000 after buying an additional 71,350 shares in the last quarter. Finally, Rubric Capital Management LP purchased a new position in shares of Liberty Global during the 4th quarter valued at about $34,537,000. 46.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Liberty Global Stock Up 1.1 %

LBTYK stock opened at $20.66 on Friday. Liberty Global Ltd. has a twelve month low of $16.03 and a twelve month high of $21.83. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.80. The stock has a market cap of $7.70 billion, a P/E ratio of -3.19 and a beta of 1.13. The business’s 50-day moving average price is $19.27 and its 200-day moving average price is $18.21.

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

About Liberty Global

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.