Sequoia Financial Advisors LLC Invests $7.47 Million in Liberty Global Ltd. (NASDAQ:LBTYK)

Sequoia Financial Advisors LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 345,722 shares of the company’s stock, valued at approximately $7,471,000.

Several other institutional investors have also recently modified their holdings of the stock. Deseret Mutual Benefit Administrators raised its position in shares of Liberty Global by 41.4% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock worth $46,000 after purchasing an additional 754 shares during the last quarter. Perigon Wealth Management LLC raised its position in shares of Liberty Global by 6.1% during the 1st quarter. Perigon Wealth Management LLC now owns 20,786 shares of the company’s stock worth $367,000 after purchasing an additional 1,188 shares during the last quarter. Caprock Group LLC raised its position in shares of Liberty Global by 9.1% during the 1st quarter. Caprock Group LLC now owns 15,288 shares of the company’s stock worth $270,000 after purchasing an additional 1,269 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Liberty Global by 17.0% during the 1st quarter. Nordea Investment Management AB now owns 19,737 shares of the company’s stock worth $349,000 after purchasing an additional 2,863 shares during the last quarter. Finally, Headlands Technologies LLC raised its position in shares of Liberty Global by 173.3% during the 1st quarter. Headlands Technologies LLC now owns 5,982 shares of the company’s stock worth $106,000 after purchasing an additional 3,793 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Up 0.5 %

Shares of LBTYK opened at $21.55 on Wednesday. The stock has a fifty day moving average of $20.71 and a two-hundred day moving average of $18.95. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $8.03 billion, a PE ratio of -3.33 and a beta of 1.13. Liberty Global Ltd. has a fifty-two week low of $16.03 and a fifty-two week high of $22.14.

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

Wall Street Analysts Forecast Growth

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

Liberty Global 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.