Chemistry Wealth Management LLC Has $409,000 Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

Chemistry Wealth Management LLC trimmed its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 14.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,110 shares of the company’s stock after selling 5,346 shares during the period. Chemistry Wealth Management LLC’s holdings in Liberty Global were worth $409,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC acquired a new stake in shares of Liberty Global during the 3rd quarter valued at about $7,471,000. State Street Corp boosted its position in shares of Liberty Global by 3.6% during the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company’s stock valued at $82,062,000 after acquiring an additional 131,875 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Liberty Global during the 3rd quarter valued at about $15,636,000. Susquehanna International Group LLP boosted its position in shares of Liberty Global by 121.1% during the 2nd quarter. Susquehanna International Group LLP now owns 376,698 shares of the company’s stock valued at $6,724,000 after acquiring an additional 206,318 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its position in shares of Liberty Global by 296.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 31,522 shares of the company’s stock valued at $668,000 after acquiring an additional 23,568 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at $776,222.72. This trade represents a 61.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 9.86% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research report on Friday. They set a “hold” rating on the stock.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $12.01 on Friday. Liberty Global Ltd. has a 12-month low of $11.25 and a 12-month high of $22.14. The company has a market capitalization of $4.29 billion, a P/E ratio of -1.18 and a beta of 1.21. The firm has a 50-day moving average price of $13.74 and a 200 day moving average price of $17.89. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

About Liberty Global

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.