Charles Schwab Investment Management Inc. Has $40.21 Million Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Charles Schwab Investment Management Inc. lowered its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,060,060 shares of the company’s stock after selling 5,032 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.86% of Liberty Global worth $40,209,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in LBTYK. State Street Corp raised its holdings in Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after acquiring an additional 131,875 shares in the last quarter. Rubric Capital Management LP raised its stake in shares of Liberty Global by 0.3% during the 3rd quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock worth $76,120,000 after purchasing an additional 11,424 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Liberty Global by 18.9% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock valued at $45,786,000 after buying an additional 553,947 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Liberty Global in the third quarter valued at $15,636,000. Finally, Bank of New York Mellon Corp increased its holdings in Liberty Global by 2.3% during the fourth quarter. Bank of New York Mellon Corp now owns 668,832 shares of the company’s stock worth $8,788,000 after buying an additional 14,908 shares during the last quarter. 46.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the transaction, the insider now owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 9.86% of the company’s stock.

Liberty Global Trading Up 0.4 %

Liberty Global stock opened at $12.03 on Friday. The stock has a 50-day simple moving average of $11.95 and a 200 day simple moving average of $15.77. The stock has a market capitalization of $4.20 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 quick ratio of 1.19 and a current ratio of 1.05. Liberty Global Ltd. has a 52 week low of $10.83 and a 52 week high of $22.14.

Liberty Global (NASDAQ:LBTYK) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.84 billion.

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.