Barclays PLC Sells 202,208 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Barclays PLC trimmed its stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 80.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,604 shares of the company's stock after selling 202,208 shares during the period. Barclays PLC's holdings in Liberty Global were worth $638,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in LBTYK. Franklin Resources Inc. grew its holdings in Liberty Global by 1,092.4% in the third quarter. Franklin Resources Inc. now owns 88,547 shares of the company's stock worth $1,874,000 after purchasing an additional 81,121 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Liberty Global by 34.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company's stock worth $7,554,000 after buying an additional 88,975 shares during the last quarter. RMR Wealth Builders purchased a new stake in Liberty Global in the fourth quarter valued at about $223,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Liberty Global during the fourth quarter worth about $66,000. Finally, Perpetual Ltd increased its holdings in shares of Liberty Global by 12.9% during the fourth quarter. Perpetual Ltd now owns 381,713 shares of the company's stock valued at $5,016,000 after acquiring an additional 43,678 shares in the last quarter. Institutional investors own 46.10% of the company's stock.

Analyst Upgrades and Downgrades

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

Liberty Global Stock Performance

Shares of LBTYK stock opened at $9.60 on Thursday. 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 business has a fifty day moving average of $11.39 and a 200 day moving average of $13.15. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 2.29 and a beta of 1.18. Liberty Global Ltd. has a 1 year low of $9.21 and a 1 year high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing analysts' consensus estimates of ($0.71) by ($3.13). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 billion.

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.

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