American Century Companies Inc. Buys 690,522 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

American Century Companies Inc. grew its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 7,017.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 700,362 shares of the company's stock after purchasing an additional 690,522 shares during the quarter. American Century Companies Inc. owned about 0.20% of Liberty Global worth $9,203,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. State Street Corp raised its stake in shares of Liberty Global by 3.6% during the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company's stock valued at $82,062,000 after purchasing an additional 131,875 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Liberty Global by 18.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock valued at $45,786,000 after buying an additional 553,947 shares during the period. Candriam S.C.A. lifted its holdings in shares of Liberty Global by 92.9% in the fourth quarter. Candriam S.C.A. now owns 1,122,072 shares of the company's stock worth $14,744,000 after buying an additional 540,486 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Liberty Global in the third quarter valued at approximately $15,636,000. Finally, Bank of New York Mellon Corp grew its stake in Liberty Global by 2.3% during 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 in the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of Liberty Global in a report on Friday, January 17th. They issued a "hold" rating for the company.

Liberty Global Price Performance

Liberty Global stock traded down $0.16 during midday trading on Monday, hitting $10.54. 2,216,752 shares of the company's stock were exchanged, compared to its average volume of 1,808,092. The company has a market cap of $3.68 billion, a P/E ratio of 2.52 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. The stock has a 50-day moving average price of $11.82 and a two-hundred day moving average price of $14.80. Liberty Global Ltd. has a 52-week low of $10.21 and a 52-week high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.86) by $7.19. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%.

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.