Y Intercept Hong Kong Ltd bought a new position in Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 12,843 shares of the company’s stock, valued at approximately $169,000.
A number of other large investors also recently modified their holdings of LBTYK. R Squared Ltd bought a new position in shares of Liberty Global in the 4th quarter worth $28,000. US Bancorp DE raised its position in Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after buying an additional 1,200 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in Liberty Global in the 4th quarter valued at $66,000. Deseret Mutual Benefit Administrators raised its position in Liberty Global by 22.5% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock valued at $68,000 after buying an additional 578 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in Liberty Global in the 4th quarter valued at $86,000. 46.10% of the stock is currently owned by institutional investors.
Insider Activity
In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. This trade represents a 77.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 9.86% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Report on Liberty Global
Liberty Global Trading Up 2.4 %
NASDAQ LBTYK opened at $12.13 on Thursday. The firm has a market capitalization of $4.23 billion, a P/E ratio of 2.89 and a beta of 1.22. The business has a fifty day simple moving average of $12.11 and a 200 day simple moving average of $16.14. Liberty Global Ltd. has a 12 month low of $10.83 and a 12 month high of $22.14. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.
Liberty Global (NASDAQ:LBTYK – Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating 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 business had revenue of $1.12 billion during the quarter, compared to analyst estimates 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.
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