Handelsbanken Fonder AB Purchases Shares of 34,100 Liberty Global Ltd. (NASDAQ:LBTYK)

Handelsbanken Fonder AB acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 34,100 shares of the company's stock, valued at approximately $448,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. R Squared Ltd acquired a new position in shares of Liberty Global during the 4th quarter worth approximately $28,000. US Bancorp DE increased its holdings in shares of Liberty Global by 124.9% in the third quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after purchasing an additional 1,200 shares during the last quarter. Deseret Mutual Benefit Administrators raised its position in shares of Liberty Global by 22.5% in the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company's stock valued at $68,000 after purchasing an additional 578 shares during the period. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Global during the 4th quarter worth about $66,000. Finally, Kestra Investment Management LLC bought a new stake in shares of Liberty Global during the 4th quarter worth about $86,000. 46.10% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Liberty Global in a report on Friday, January 17th. They set a "hold" rating for the company.

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Liberty Global Price Performance

Shares of NASDAQ LBTYK traded down $0.13 during trading hours on Thursday, hitting $12.01. 455,589 shares of the stock were exchanged, compared to its average volume of 1,502,165. The company's fifty day simple moving average is $12.11 and its two-hundred day simple moving average is $16.14. The company has a market cap of $4.19 billion, a PE 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 1-year low of $10.83 and a 1-year high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced 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 firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion.

Insider Activity 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 shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now directly owns 16,153 shares of the company's stock, valued at approximately $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 9.86% of the stock is currently owned by company insiders.

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.