Candriam S.C.A. Buys 540,486 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Candriam S.C.A. increased its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 92.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,122,072 shares of the company's stock after purchasing an additional 540,486 shares during the quarter. Candriam S.C.A. owned approximately 0.31% of Liberty Global worth $14,744,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in Liberty Global during the 3rd quarter worth approximately $15,636,000. Oppenheimer Asset Management Inc. boosted its stake in shares of Liberty Global by 18.9% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock valued at $45,786,000 after purchasing an additional 553,947 shares during the last quarter. Hall Kathryn A. bought a new stake in shares of Liberty Global in the 3rd quarter valued at $5,262,000. Atria Investments Inc boosted its stake in shares of Liberty Global by 34.4% in the 4th quarter. Atria Investments Inc now owns 596,981 shares of the company's stock valued at $7,844,000 after purchasing an additional 152,846 shares during the last quarter. Finally, ABC Arbitrage SA bought a new stake in shares of Liberty Global in the 4th quarter valued at $1,803,000. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Up 1.0 %

Shares of NASDAQ:LBTYK traded up $0.12 during trading on Friday, reaching $12.21. The stock had a trading volume of 1,087,422 shares, compared to its average volume of 1,506,166. The firm's fifty day moving average is $12.07 and its 200 day moving average is $16.02. 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 $10.83 and a 52 week high of $22.14. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of 2.91 and a beta of 1.22.

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Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (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 company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion.

Insider Activity at Liberty Global

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business's stock in a transaction 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 transaction, the insider now owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 9.86% of the stock is owned by corporate insiders.

Analyst Ratings Changes

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