Westpac Banking Corp Has $941,000 Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

Westpac Banking Corp trimmed its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 33.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,634 shares of the company's stock after selling 36,774 shares during the period. Westpac Banking Corp's holdings in Liberty Global were worth $941,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of LBTYK. Trexquant Investment LP increased its stake in shares of Liberty Global by 276.2% in the 4th quarter. Trexquant Investment LP now owns 333,750 shares of the company's stock valued at $4,385,000 after purchasing an additional 245,040 shares during the last quarter. California Public Employees Retirement System raised its stake in Liberty Global by 0.9% during the fourth quarter. California Public Employees Retirement System now owns 1,044,505 shares of the company's stock worth $13,725,000 after acquiring an additional 9,009 shares in the last quarter. Norges Bank bought a new position in shares of Liberty Global in the fourth quarter worth about $3,093,000. Aire Advisors LLC boosted its stake in shares of Liberty Global by 280.0% in the 4th quarter. Aire Advisors LLC now owns 57,000 shares of the company's stock valued at $749,000 after purchasing an additional 42,000 shares in the last quarter. Finally, Prudential Financial Inc. bought a new stake in shares of Liberty Global during the 4th quarter valued at approximately $206,000. 46.10% of the stock is owned by institutional investors.

Liberty Global Trading Up 5.8 %

Shares of Liberty Global stock traded up $0.60 on Wednesday, hitting $11.00. The stock had a trading volume of 1,624,170 shares, compared to its average volume of 1,811,870. The stock has a 50 day moving average of $11.72 and a 200 day moving average of $14.59. The firm has a market capitalization of $3.84 billion, a P/E ratio of 2.63 and a beta of 1.19. Liberty Global Ltd. has a twelve month low of $10.18 and a twelve month high of $22.14. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05.

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Liberty Global (NASDAQ:LBTYK - Get Free Report) last released 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. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion.

Analyst Upgrades and Downgrades

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

Liberty Global 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.