Liberty Global Ltd $LBTYK Shares Bought by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Liberty Global Ltd by 17.6%, holding a total of 771,107 shares worth approximately $7.95 million.
• Liberty Global reported a negative earnings per share of ($8.09) for the last quarter, significantly missing analysts' expectations of a loss of ($0.44).
• Despite recent insider selling activities, institutional investors collectively own 46.10% of Liberty Global's stock, signaling interest from large asset managers.

Robeco Institutional Asset Management B.V. lifted its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 17.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 771,107 shares of the company's stock after acquiring an additional 115,573 shares during the period. Robeco Institutional Asset Management B.V. owned 0.22% of Liberty Global worth $7,950,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in Liberty Global by 76,160.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company's stock worth $46,000 after purchasing an additional 3,808 shares during the period. Parallel Advisors LLC raised its holdings in shares of Liberty Global by 26.2% in the first quarter. Parallel Advisors LLC now owns 5,107 shares of the company's stock valued at $61,000 after buying an additional 1,059 shares during the last quarter. Summit Securities Group LLC acquired a new stake in shares of Liberty Global during the first quarter worth about $67,000. GAMMA Investing LLC grew its holdings in shares of Liberty Global by 1,176.4% during the first quarter. GAMMA Investing LLC now owns 6,548 shares of the company's stock worth $78,000 after buying an additional 6,035 shares during the last quarter. Finally, CWM LLC increased its position in Liberty Global by 19.1% in the 1st quarter. CWM LLC now owns 7,190 shares of the company's stock valued at $86,000 after acquiring an additional 1,155 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $11.87 on Monday. The stock has a fifty day moving average price of $11.57 and a 200 day moving average price of $10.86. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $4.04 billion, a PE ratio of -1.21 and a beta of 1.08. Liberty Global Ltd has a 1 year low of $9.21 and a 1 year high of $22.10.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.44) by ($7.65). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The firm had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.22 billion.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Liberty Global in a research report on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Liberty Global has a consensus rating of "Sell".

Insider Buying and Selling

In related news, Director Miranda Curtis sold 42,600 shares of the company's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $11.77, for a total value of $501,402.00. Following the sale, the director owned 129,305 shares of the company's stock, valued at approximately $1,521,919.85. This represents a 24.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Charles H. R. Bracken sold 60,000 shares of the firm's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total value of $678,600.00. Following the transaction, the chief financial officer directly owned 33,220 shares of the company's stock, valued at $375,718.20. The trade was a 64.36% decrease in their position. The disclosure for this sale can be found here. Insiders sold 136,980 shares of company stock worth $1,577,091 in the last ninety days. Insiders own 9.86% of the company's stock.

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.

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