Sei Investments Co. Buys 100,159 Shares of Liberty Global Ltd $LBTYK

Sei Investments Co. grew its position in Liberty Global Ltd (NASDAQ:LBTYK) by 141.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 170,952 shares of the company’s stock after purchasing an additional 100,159 shares during the period. Sei Investments Co.’s holdings in Liberty Global were worth $2,005,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Liberty Global by 22.5% during the 1st quarter. Royal Bank of Canada now owns 33,798 shares of the company’s stock valued at $405,000 after purchasing an additional 6,217 shares during the last quarter. AQR Capital Management LLC boosted its stake in Liberty Global by 18.0% in the first quarter. AQR Capital Management LLC now owns 80,872 shares of the company’s stock valued at $963,000 after acquiring an additional 12,330 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Liberty Global by 76,160.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock valued at $46,000 after acquiring an additional 3,808 shares during the period. Goldman Sachs Group Inc. increased its position in Liberty Global by 140.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock worth $17,059,000 after buying an additional 832,838 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Liberty Global by 2.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 646,852 shares of the company’s stock valued at $7,743,000 after purchasing an additional 15,121 shares during the period. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $10.24 on Monday. The stock has a market capitalization of $3.49 billion, a PE ratio of -1.14 and a beta of 0.90. Liberty Global Ltd has a 52-week low of $9.30 and a 52-week high of $13.12. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The company has a 50-day simple moving average of $10.70 and a two-hundred day simple moving average of $11.34.

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

Wall Street Analysts Forecast Growth

LBTYK has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. Wall Street Zen downgraded Liberty Global from a “hold” rating to a “sell” rating in a research report on Saturday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Liberty Global has an average rating of “Sell”.

Insider Activity

In other news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction on 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 represents a 50.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 9.86% of the company’s stock.

About Liberty Global

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.