Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 8.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,027 shares of the company’s stock after selling 3,309 shares during the quarter. Victory Capital Management Inc.’s holdings in Liberty Global were worth $500,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. US Bancorp DE lifted its holdings in Liberty Global by 40.3% in the fourth quarter. US Bancorp DE now owns 3,032 shares of the company’s stock valued at $40,000 after acquiring an additional 871 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in Liberty Global by 10.0% in the third quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company’s stock valued at $465,000 after acquiring an additional 1,959 shares during the period. R Squared Ltd purchased a new stake in shares of Liberty Global in the fourth quarter valued at approximately $28,000. Point72 Asset Management L.P. increased its position in shares of Liberty Global by 52.2% in the third quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company’s stock valued at $201,000 after buying an additional 3,196 shares in the last quarter. Finally, Empowered Funds LLC increased its position in shares of Liberty Global by 2.5% in the fourth quarter. Empowered Funds LLC now owns 184,854 shares of the company’s stock valued at $2,429,000 after buying an additional 4,514 shares in the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

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 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 $209,019.82. This represents a 77.92 % 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 owned by company insiders.

Wall Street Analysts Forecast Growth

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

Liberty Global Stock Down 2.1 %

Shares of LBTYK opened at $12.15 on Friday. 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 one year low of $10.83 and a one year high of $22.14. The stock has a market capitalization of $4.24 billion, a price-to-earnings ratio of 2.90 and a beta of 1.22. The stock has a 50 day moving average price of $11.89 and a 200 day moving average price of $15.54.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly 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. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%.

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.