Liberty Global Ltd. (NASDAQ:LBTYK) Stock Holdings Lessened by New York State Common Retirement Fund

New York State Common Retirement Fund cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 26.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,400 shares of the company's stock after selling 25,000 shares during the quarter. New York State Common Retirement Fund's holdings in Liberty Global were worth $925,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. State Street Corp increased its holdings in shares of Liberty Global by 3.6% in the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company's stock worth $82,062,000 after acquiring an additional 131,875 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Liberty Global in the 3rd quarter worth about $15,636,000. JPMorgan Chase & Co. raised its holdings in shares of Liberty Global by 34.1% during the third quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company's stock valued at $7,554,000 after buying an additional 88,975 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Liberty Global during the third quarter worth approximately $1,551,000. Finally, Janney Montgomery Scott LLC grew its holdings in Liberty Global by 22.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company's stock worth $7,377,000 after buying an additional 102,429 shares in the last quarter. 46.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Liberty Global in a research report on Friday, January 17th. They set a "hold" rating for the company.

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Insider Transactions at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares in the company, valued at $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 9.86% of the company's stock.

Liberty Global Price Performance

Liberty Global stock traded up $0.15 during trading hours on Friday, hitting $12.24. 522,509 shares of the company traded hands, compared to its average volume of 1,492,801. The firm's 50-day simple moving average is $12.09 and its two-hundred day simple moving average is $16.11. The firm has a market cap of $4.27 billion, a P/E ratio of 2.92 and a beta of 1.22. Liberty Global Ltd. has a 1-year low of $10.83 and a 1-year high of $22.14. 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 (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, topping analysts' consensus estimates of ($0.86) by $7.19. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion.

Liberty Global Company 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.