Proficio Capital Partners LLC Takes Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Proficio Capital Partners LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 28,159 shares of the company’s stock, valued at approximately $370,000.

Other hedge funds have also added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Liberty Global in the 4th quarter valued at $28,000. US Bancorp DE lifted its position in shares of Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock worth $47,000 after buying an additional 1,200 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new stake in Liberty Global in the fourth quarter valued at about $66,000. Kestra Investment Management LLC bought a new position in Liberty Global in the fourth quarter valued at about $86,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Liberty Global during the fourth quarter worth about $169,000. 46.10% of the stock is owned by institutional investors.

Insider Transactions at Liberty Global

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 9.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Friday, January 17th. They issued a “hold” rating on the stock.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $12.01 on Tuesday. The company’s 50 day moving average price is $12.05 and its two-hundred day moving average price is $15.96. The firm has a market capitalization of $4.19 billion, a P/E ratio of 2.87 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. Liberty Global Ltd. has a fifty-two week low of $10.83 and a fifty-two week high of $22.14.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.86) by $7.19. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion.

Liberty Global 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.