Dimensional Fund Advisors LP Acquires 238,052 Shares of Liberty Global Ltd $LBTYK

Dimensional Fund Advisors LP raised its holdings in Liberty Global Ltd (NASDAQ:LBTYK) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,916,167 shares of the company’s stock after purchasing an additional 238,052 shares during the period. Dimensional Fund Advisors LP’s holdings in Liberty Global were worth $92,857,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. California State Teachers Retirement System boosted its holdings in Liberty Global by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 145,501 shares of the company’s stock worth $1,500,000 after buying an additional 1,116 shares during the period. Arkadios Wealth Advisors lifted its position in shares of Liberty Global by 9.7% during the fourth quarter. Arkadios Wealth Advisors now owns 13,061 shares of the company’s stock worth $144,000 after acquiring an additional 1,157 shares in the last quarter. CWM LLC boosted its holdings in shares of Liberty Global by 28.1% in the fourth quarter. CWM LLC now owns 5,855 shares of the company’s stock worth $65,000 after acquiring an additional 1,286 shares during the period. Perigon Wealth Management LLC grew its position in shares of Liberty Global by 9.3% in the fourth quarter. Perigon Wealth Management LLC now owns 21,111 shares of the company’s stock valued at $233,000 after purchasing an additional 1,789 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of Liberty Global by 15.7% during the 3rd quarter. Raymond James Financial Inc. now owns 13,271 shares of the company’s stock valued at $156,000 after purchasing an additional 1,796 shares during the period. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LBTYK has been the subject of several analyst reports. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Insider Activity at Liberty Global

In related news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total value of $634,700.00. Following the transaction, the director directly owned 53,876 shares in the company, valued at approximately $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.86% of the company’s stock.

Liberty Global Price Performance

NASDAQ:LBTYK opened at $10.25 on Thursday. Liberty Global Ltd has a 52-week low of $9.30 and a 52-week high of $13.12. The stock has a fifty day moving average of $10.91 and a 200 day moving average of $11.34. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.11 and a current ratio of 1.28. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of -1.14 and a beta of 0.89.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results 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 return on equity of 28.83% and a negative net margin of 62.12%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion.

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.