State of New Jersey Common Pension Fund D Sells 25,760 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

State of New Jersey Common Pension Fund D trimmed its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 19.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 105,450 shares of the company’s stock after selling 25,760 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Liberty Global were worth $2,279,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in LBTYK. Dimensional Fund Advisors LP raised its stake in Liberty Global by 151.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock worth $65,766,000 after acquiring an additional 2,219,823 shares in the last quarter. Rubric Capital Management LP increased its position in shares of Liberty Global by 85.4% during the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after purchasing an additional 1,617,711 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in Liberty Global by 18.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock valued at $52,303,000 after buying an additional 447,135 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Liberty Global by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company’s stock worth $44,612,000 after buying an additional 18,319 shares during the last quarter. Finally, Gabelli Funds LLC increased its holdings in shares of Liberty Global by 3.7% during the first quarter. Gabelli Funds LLC now owns 2,025,414 shares of the company’s stock worth $35,728,000 after buying an additional 71,350 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYK opened at $12.71 on Friday. The stock has a market capitalization of $4.54 billion, a P/E ratio of -1.25 and a beta of 1.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 1-year low of $11.25 and a 1-year high of $22.14. The business has a 50-day moving average price of $20.79 and a two-hundred day moving average price of $19.23.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Liberty Global in a report on Thursday. They issued a “hold” rating on the 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.