Goldman Sachs Group Inc. Increases Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Goldman Sachs Group Inc. boosted its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 38.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,138,959 shares of the company’s stock after acquiring an additional 592,653 shares during the period. Goldman Sachs Group Inc. owned 0.57% of Liberty Global worth $39,870,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC raised its holdings in shares of Liberty Global by 64.4% in the 4th quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock valued at $48,000 after acquiring an additional 999 shares in the last quarter. Bfsg LLC bought a new stake in Liberty Global during the fourth quarter valued at approximately $60,000. Prudential PLC grew its stake in Liberty Global by 1,417.3% in the 3rd quarter. Prudential PLC now owns 10,530 shares of the company’s stock worth $195,000 after buying an additional 9,836 shares in the last quarter. Bank of Nova Scotia bought a new position in shares of Liberty Global in the 4th quarter worth $205,000. Finally, Sprinkle Financial Consultants LLC purchased a new stake in shares of Liberty Global during the 4th quarter valued at $210,000. Institutional investors own 46.10% of the company’s stock.

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the sale, the director now directly owns 159,632 shares in the company, valued at $2,769,615.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Liberty Global news, Director J David Wargo sold 30,000 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the transaction, the director now owns 159,632 shares in the company, valued at $2,769,615.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Andrea Salvato sold 32,403 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the sale, the executive vice president now owns 102,286 shares in the company, valued at approximately $1,810,462.20. The disclosure for this sale can be found here. Company insiders own 9.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Liberty Global from a “hold” rating to a “sell” rating in a research note on Monday, June 10th.

Liberty Global Price Performance

Shares of Liberty Global stock opened at $17.65 on Friday. The company’s fifty day simple moving average is $17.34 and its two-hundred day simple moving average is $18.21. Liberty Global Ltd. has a 12-month low of $16.03 and a 12-month high of $21.83. The firm has a market cap of $6.58 billion, a PE ratio of -2.73 and a beta of 1.13. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.80.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share (EPS) for the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%. The company had revenue of $1.95 billion for the quarter.

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.