CQS Cayman LP raised its position in Liberty Global (NASDAQ:LBTYK) by 16.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,389,982 shares of the company’s stock after purchasing an additional 194,128 shares during the quarter. Liberty Global accounts for approximately 2.0% of CQS Cayman LP’s portfolio, making the stock its 11th largest holding. CQS Cayman LP owned about 0.17% of Liberty Global worth $42,297,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in LBTYK. Schwab Charles Investment Management Inc. raised its holdings in shares of Liberty Global by 5.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,271,368 shares of the company’s stock valued at $43,024,000 after buying an additional 66,510 shares during the period. SG Americas Securities LLC raised its holdings in shares of Liberty Global by 23.2% during the 4th quarter. SG Americas Securities LLC now owns 324,245 shares of the company’s stock valued at $10,972,000 after buying an additional 61,011 shares during the period. APG Asset Management N.V. raised its holdings in shares of Liberty Global by 2.9% during the 4th quarter. APG Asset Management N.V. now owns 793,773 shares of the company’s stock valued at $22,369,000 after buying an additional 22,400 shares during the period. Jennison Associates LLC raised its holdings in shares of Liberty Global by 29.4% during the 4th quarter. Jennison Associates LLC now owns 2,621,342 shares of the company’s stock valued at $88,706,000 after buying an additional 595,669 shares during the period. Finally, First Capital Advisors Group LLC. purchased a new stake in shares of Liberty Global during the 4th quarter valued at about $203,000. Institutional investors own 57.56% of the company’s stock.
Shares of Liberty Global opened at $27.92 on Friday, according to Marketbeat. Liberty Global has a fifty-two week low of $27.08 and a fifty-two week high of $37.86. The company has a debt-to-equity ratio of 6.79, a current ratio of 0.33 and a quick ratio of 0.33.
Separately, ValuEngine lowered Liberty Global from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st.
About Liberty Global
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
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