Swiss National Bank Sells 17,300 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Swiss National Bank cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 312,170 shares of the company’s stock after selling 17,300 shares during the period. Swiss National Bank owned 0.09% of Liberty Global worth $4,102,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. R Squared Ltd bought a new position in Liberty Global in the 4th quarter worth about $28,000. US Bancorp DE increased its position in shares of Liberty Global by 40.3% in the fourth quarter. US Bancorp DE now owns 3,032 shares of the company’s stock worth $40,000 after purchasing an additional 871 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Liberty Global in the fourth quarter valued at approximately $63,000. MassMutual Private Wealth & Trust FSB bought a new stake in Liberty Global during the fourth quarter valued at approximately $66,000. Finally, Kestra Investment Management LLC purchased a new position in Liberty Global in the 4th quarter worth approximately $86,000. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Trading Down 0.7 %

Shares of LBTYK stock opened at $11.94 on Wednesday. The business has a 50-day moving average price of $11.89 and a two-hundred day moving average price of $15.36. Liberty Global Ltd. has a 12-month low of $10.83 and a 12-month high of $22.14. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The firm has a market cap of $4.16 billion, a P/E ratio of 2.85 and a beta of 1.22.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping analysts’ consensus estimates 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.

Insider Transactions at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 9.86% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.