Norges Bank acquired a new position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 235,385 shares of the company's stock, valued at approximately $3,093,000. Norges Bank owned approximately 0.07% of Liberty Global as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in Liberty Global during the third quarter worth $15,636,000. American Century Companies Inc. grew its position in shares of Liberty Global by 7,017.5% in the 4th quarter. American Century Companies Inc. now owns 700,362 shares of the company's stock valued at $9,203,000 after acquiring an additional 690,522 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock worth $45,786,000 after purchasing an additional 553,947 shares during the last quarter. Candriam S.C.A. raised its holdings in shares of Liberty Global by 92.9% in the 4th quarter. Candriam S.C.A. now owns 1,122,072 shares of the company's stock valued at $14,744,000 after purchasing an additional 540,486 shares during the period. Finally, Quantbot Technologies LP lifted its stake in Liberty Global by 321.0% in the 4th quarter. Quantbot Technologies LP now owns 318,644 shares of the company's stock valued at $4,187,000 after purchasing an additional 242,950 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on Liberty Global in a research report on Friday, January 17th. They issued a "hold" rating for the company.
Check Out Our Latest Report on LBTYK
Liberty Global Stock Performance
Shares of NASDAQ:LBTYK traded up $0.17 on Tuesday, hitting $11.07. The company had a trading volume of 571,333 shares, compared to its average volume of 1,811,741. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 2.64 and a beta of 1.19. The stock has a 50 day moving average price of $11.68 and a 200 day moving average price of $14.32. Liberty Global Ltd. has a 1-year low of $10.18 and a 1-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.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion.
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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