US Bancorp DE Purchases 871 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

US Bancorp DE raised its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 40.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,032 shares of the company’s stock after purchasing an additional 871 shares during the period. US Bancorp DE’s holdings in Liberty Global were worth $40,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in Liberty Global in the 4th quarter worth $370,000. Oppenheimer Asset Management Inc. increased its position in shares of Liberty Global by 18.9% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock valued at $45,786,000 after acquiring an additional 553,947 shares during the period. Illinois Municipal Retirement Fund increased its position in shares of Liberty Global by 25.6% in the fourth quarter. Illinois Municipal Retirement Fund now owns 83,439 shares of the company’s stock valued at $1,096,000 after acquiring an additional 17,013 shares during the period. Bank of New York Mellon Corp increased its position in shares of Liberty Global by 2.3% in the fourth quarter. Bank of New York Mellon Corp now owns 668,832 shares of the company’s stock valued at $8,788,000 after acquiring an additional 14,908 shares during the period. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Liberty Global in the fourth quarter valued at about $169,000. 46.10% of the stock is owned by institutional investors.

Liberty Global Trading Down 0.1 %

Shares of NASDAQ LBTYK opened at $12.26 on Wednesday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. The firm’s 50 day moving average price is $11.91 and its 200-day moving average price is $15.64. Liberty Global Ltd. has a 52-week low of $10.83 and a 52-week high of $22.14. The company has a market cap of $4.28 billion, a PE ratio of 2.93 and a beta of 1.22.

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

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following 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 document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 9.86% of the company’s stock.

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.