Picton Mahoney Asset Management Buys Shares of 42,425 Liberty Global Ltd. (NASDAQ:LBTYK)

Picton Mahoney Asset Management bought a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 42,425 shares of the company's stock, valued at approximately $558,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. State Street Corp raised its position in Liberty Global by 3.6% in the 3rd 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new position in Liberty Global in the 3rd quarter valued at $15,636,000. JPMorgan Chase & Co. raised its position in Liberty Global by 34.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company's stock valued at $7,554,000 after purchasing an additional 88,975 shares during the last quarter. Virtu Financial LLC bought a new position in Liberty Global in the 3rd quarter valued at $1,551,000. Finally, Janney Montgomery Scott LLC raised its position in Liberty Global by 22.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company's stock valued at $7,377,000 after purchasing an additional 102,429 shares during the last quarter. Institutional investors own 46.10% of the company's stock.

Liberty Global Trading Up 0.3 %

Shares of LBTYK stock traded up $0.04 on Thursday, reaching $12.41. 1,569,950 shares of the stock were exchanged, compared to its average volume of 1,767,759. The stock has a market cap of $4.33 billion, a PE ratio of 2.96 and a beta of 1.22. Liberty Global Ltd. has a one year low of $10.83 and a one year high of $22.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The stock has a 50 day moving average price of $11.90 and a 200 day moving average price of $15.62.

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Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.86) by $7.19. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%.

Insider Transactions at Liberty Global

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

Analyst Ratings Changes

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

About Liberty Global

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.