Renaissance Technologies LLC raised its position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,878,800 shares of the company's stock after acquiring an additional 84,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.53% of Liberty Global worth $24,687,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in Liberty Global during the 4th quarter worth about $28,000. US Bancorp DE grew its position in shares of Liberty Global by 40.3% during the fourth quarter. US Bancorp DE now owns 3,032 shares of the company's stock worth $40,000 after buying an additional 871 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Liberty Global during the fourth quarter worth approximately $63,000. MassMutual Private Wealth & Trust FSB acquired a new stake in Liberty Global in the fourth quarter valued at approximately $66,000. Finally, Kestra Investment Management LLC purchased a new position in Liberty Global in the fourth quarter worth approximately $86,000. 46.10% of the stock is currently owned by hedge funds and other institutional investors.
Liberty Global Stock Up 1.3 %
LBTYK traded up $0.14 on Tuesday, reaching $11.04. The company's stock had a trading volume of 1,424,031 shares, compared to its average volume of 1,816,515. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a fifty-two week low of $10.18 and a fifty-two week high of $22.14. The stock has a 50 day moving average of $11.67 and a two-hundred day moving average of $14.30. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 2.63 and a beta of 1.19.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last posted 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 firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion.
Analysts Set New Price Targets
Separately, StockNews.com started coverage on shares of Liberty Global in a report on Friday, January 17th. They issued a "hold" rating on the stock.
Check Out Our Latest Report on Liberty Global
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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