KLP Kapitalforvaltning AS acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 34,700 shares of the company's stock, valued at approximately $456,000.
A number of other hedge funds have also modified their holdings of LBTYK. US Bancorp DE raised its position in Liberty Global by 40.3% in the 4th quarter. US Bancorp DE now owns 3,032 shares of the company's stock valued at $40,000 after purchasing an additional 871 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of 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 buying an additional 1,959 shares during the last quarter. R Squared Ltd bought a new stake in Liberty Global during the 4th quarter worth about $28,000. HighTower Advisors LLC increased its position in Liberty Global by 7.4% in the 4th quarter. HighTower Advisors LLC now owns 43,609 shares of the company's stock valued at $573,000 after acquiring an additional 3,002 shares in the last quarter. Finally, Point72 Asset Management L.P. raised its stake 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 worth $201,000 after acquiring an additional 3,196 shares during the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on Liberty Global in a research report on Friday, January 17th. They issued a "hold" rating on the stock.
Read Our Latest Report on Liberty Global
Liberty Global Trading Up 5.8 %
NASDAQ:LBTYK traded up $0.60 on Wednesday, hitting $11.00. 1,624,170 shares of the stock were exchanged, compared to its average volume of 1,811,870. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 2.63 and a beta of 1.19. 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 52 week low of $10.10 and a 52 week high of $22.14. The company's 50-day moving average price is $11.72 and its 200 day moving average price is $14.59.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.84 billion.
Liberty Global Company Profile
(
Free Report)
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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