Liberty Global Ltd. (NASDAQ:LBTYK) Stake Cut by Sprinkle Financial Consultants LLC

Sprinkle Financial Consultants LLC lessened its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,380 shares of the company’s stock after selling 800 shares during the quarter. Sprinkle Financial Consultants LLC’s holdings in Liberty Global were worth $203,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. AMF Tjanstepension AB acquired a new position in Liberty Global in the first quarter valued at approximately $20,872,000. Allspring Global Investments Holdings LLC lifted its position in Liberty Global by 217.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,350 shares of the company’s stock valued at $130,000 after purchasing an additional 5,037 shares during the last quarter. New Century Financial Group LLC grew its position in Liberty Global by 12.4% in the 1st quarter. New Century Financial Group LLC now owns 40,536 shares of the company’s stock worth $715,000 after purchasing an additional 4,459 shares during the last quarter. Perigon Wealth Management LLC increased its stake in shares of Liberty Global by 6.1% in the first quarter. Perigon Wealth Management LLC now owns 20,786 shares of the company’s stock valued at $367,000 after purchasing an additional 1,188 shares during the period. Finally, Caprock Group LLC raised its holdings in shares of Liberty Global by 9.1% during the first quarter. Caprock Group LLC now owns 15,288 shares of the company’s stock valued at $270,000 after buying an additional 1,269 shares during the last quarter. Institutional investors own 46.10% of the company’s stock.

Wall Street Analyst Weigh In

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

Liberty Global Price Performance

LBTYK traded down $0.25 on Wednesday, reaching $21.30. The company had a trading volume of 126,720 shares, compared to its average volume of 1,855,582. The company has a market capitalization of $7.94 billion, a P/E ratio of -3.33 and a beta of 1.13. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80. The company has a fifty day moving average of $20.71 and a 200-day moving average of $18.95. Liberty Global Ltd. has a one year low of $16.03 and a one year high of $22.14.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.71 earnings per share (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.