Proficio Capital Partners LLC Makes New Investment in Liberty Global Ltd. (NASDAQ:LBTYK)

Proficio Capital Partners LLC bought a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,159 shares of the company's stock, valued at approximately $370,000.

Several other institutional investors and hedge funds have also made changes to their positions in LBTYK. BNP Paribas Financial Markets boosted its holdings in Liberty Global by 26.6% in the third quarter. BNP Paribas Financial Markets now owns 324,683 shares of the company's stock valued at $7,016,000 after purchasing an additional 68,267 shares during the last quarter. Rubric Capital Management LP boosted its stake in shares of Liberty Global by 0.3% during the 3rd quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company's stock valued at $76,120,000 after buying an additional 11,424 shares during the last quarter. Vinva Investment Management Ltd acquired a new stake in shares of Liberty Global during the third quarter worth approximately $315,000. Rockefeller Capital Management L.P. increased its stake in shares of Liberty Global by 10.0% in the third quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company's stock worth $465,000 after buying an additional 1,959 shares during the last quarter. Finally, Verition Fund Management LLC raised its holdings in Liberty Global by 74.0% in the third quarter. Verition Fund Management LLC now owns 67,156 shares of the company's stock valued at $1,451,000 after acquiring an additional 28,555 shares in the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

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Liberty Global Stock Down 2.2 %

Liberty Global stock traded down $0.27 during midday trading on Friday, hitting $11.94. The stock had a trading volume of 1,712,822 shares, compared to its average volume of 1,805,147. 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 business has a fifty day moving average price of $11.90 and a 200 day moving average price of $15.22. Liberty Global Ltd. has a 12 month low of $10.83 and a 12 month high of $22.14. The stock has a market cap of $4.16 billion, a P/E ratio of 2.85 and a beta of 1.22.

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

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of 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.