Weitz Investment Management Inc. trimmed its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 41.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 792,933 shares of the company's stock after selling 553,567 shares during the period. Weitz Investment Management Inc. owned approximately 0.22% of Liberty Global worth $10,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also bought and sold shares of LBTYK. US Bancorp DE lifted its stake in Liberty Global by 40.3% in the fourth quarter. US Bancorp DE now owns 3,032 shares of the company's stock worth $40,000 after purchasing an additional 871 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in Liberty Global by 10.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company's stock valued at $465,000 after acquiring an additional 1,959 shares in the last quarter. R Squared Ltd bought a new stake in Liberty Global during the fourth quarter valued at about $28,000. HighTower Advisors LLC boosted its holdings in shares of Liberty Global by 7.4% in the 4th quarter. HighTower Advisors LLC now owns 43,609 shares of the company's stock valued at $573,000 after buying an additional 3,002 shares in the last quarter. Finally, Point72 Asset Management L.P. grew its holdings in Liberty Global by 52.2% in the third quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company's stock worth $201,000 after purchasing an additional 3,196 shares during the last quarter. Institutional investors own 46.10% of the company's stock.
Liberty Global Stock Performance
Shares of NASDAQ:LBTYK traded down $0.45 during trading on Thursday, hitting $11.48. 1,413,555 shares of the stock traded hands, compared to its average volume of 1,804,542. The company has a fifty day moving average price of $11.88 and a two-hundred day moving average price of $15.02. Liberty Global Ltd. has a 52-week low of $10.83 and a 52-week high of $22.14. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 2.74 and a beta of 1.22. 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 issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating 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 company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion.
Analyst Ratings Changes
Separately, StockNews.com began coverage on shares of Liberty Global in a research report on Friday, January 17th. They set a "hold" rating on the stock.
Check Out Our Latest Stock Report on LBTYK
Liberty Global Company Profile
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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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