State of New Jersey Common Pension Fund D Grows Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

State of New Jersey Common Pension Fund D increased its holdings in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 54.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 162,600 shares of the company's stock after acquiring an additional 57,150 shares during the quarter. State of New Jersey Common Pension Fund D's holdings in Liberty Global were worth $2,137,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new position in Liberty Global during the 4th quarter worth $28,000. US Bancorp DE boosted its stake in shares of Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after buying an additional 1,200 shares during the period. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Liberty Global during the 4th quarter worth about $66,000. Deseret Mutual Benefit Administrators grew its holdings in Liberty Global by 22.5% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company's stock valued at $68,000 after buying an additional 578 shares during the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in shares of Liberty Global during the third quarter valued at approximately $185,000. Institutional investors and hedge funds own 46.10% of the company's stock.

Liberty Global Price Performance

LBTYK stock traded up $0.12 during midday trading on Wednesday, reaching $12.10. The company had a trading volume of 1,878,559 shares, compared to its average volume of 1,426,984. The stock has a 50 day moving average price of $12.22 and a 200-day moving average price of $16.42. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. Liberty Global Ltd. has a 1-year low of $10.83 and a 1-year high of $22.14. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 2.89 and a beta of 1.19.

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Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $1.84 billion.

Analyst Ratings Changes

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

Insider Transactions at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares of the company's stock, valued at $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm's stock in a transaction that occurred 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 sale, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The disclosure for this sale can be found here. 9.86% of the stock is currently owned by insiders.

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.