40,648 shares in Liberty Global Ltd. (NASDAQ:LBTYK) acquired by Scientech Research LLC

Scientech Research LLC acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 40,648 shares of the company’s stock, valued at approximately $726,000.

Several other hedge funds have also recently bought and sold shares of LBTYK. Dimensional Fund Advisors LP boosted its stake in Liberty Global by 151.6% in the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock valued at $65,766,000 after purchasing an additional 2,219,823 shares in the last quarter. Rubric Capital Management LP grew its position in Liberty Global by 85.4% in the second quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock valued at $62,671,000 after purchasing an additional 1,617,711 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Liberty Global by 18.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock worth $52,303,000 after purchasing an additional 447,135 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Liberty Global by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company’s stock worth $44,612,000 after buying an additional 18,319 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Liberty Global by 38.3% in the fourth 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 during the last quarter. 46.10% of the shares are currently owned by institutional investors and hedge funds.

Global performance of Liberty shares

Shares of Liberty Global opened at $21.77 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.34, and a quick ratio of 1.34. The firm has a market cap of $8.11 billion, a P/E ratio of -3.36 and a beta of 1.13. The firm has a 50-day simple moving average of $20.00 and a 200-day simple moving average of $18.46. Liberty Global Ltd. has a fifty-two week low of $16.03 and a fifty-two week high of $22.05.

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

Changes in Analyst Ratings

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

Read our latest research report on LBTYK

About Liberty Global

(Free report)

Liberty Global Ltd., together with its subsidiaries, provides broadband Internet, video, landline and mobile communications services to residential and business customers. Provides value-added broadband services such as WiFi features, security, antivirus, firewall, spam protection, smart home services, online storage solutions and web spaces; and Connect Box which provides home Wi-Fi service.

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