Baupost Group LLC MA cut its stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,453,843 shares of the company's stock after selling 2,857,168 shares during the period. Liberty Global makes up approximately 15.0% of Baupost Group LLC MA's holdings, making the stock its 2nd biggest position. Baupost Group LLC MA owned 11.03% of Liberty Global worth $518,423,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of LBTYK. State Street Corp raised its stake in shares of Liberty Global by 3.6% in the third 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 in the last quarter. XTX Topco Ltd bought a new stake in Liberty Global in the 3rd quarter valued at $405,000. Public Employees Retirement System of Ohio acquired a new position in shares of Liberty Global in the 3rd quarter valued at $1,257,000. Virtu Financial LLC bought a new position in shares of Liberty Global during the 3rd quarter worth about $1,551,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Liberty Global during the 3rd quarter valued at about $15,636,000. 46.10% of the stock is currently owned by institutional investors and hedge funds.
Liberty Global Price Performance
LBTYK stock traded up $0.18 during trading on Friday, hitting $11.05. 853,613 shares of the stock traded hands, compared to its average volume of 1,814,339. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 2.64 and a beta of 1.19. Liberty Global Ltd. has a one year low of $10.18 and a one year high of $22.14. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The company has a 50 day simple moving average of $11.64 and a 200 day simple moving average of $14.12.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping the consensus estimate of ($0.86) by $7.19. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion.
Analyst Ratings Changes
Separately, StockNews.com started coverage on Liberty Global in a research note on Friday, January 17th. They set a "hold" rating for the company.
Check Out Our Latest Stock Report on Liberty Global
About Liberty Global
(
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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