Barclays PLC decreased its position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 80.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.
Several other hedge funds and other institutional investors have also bought and sold shares of LBTYK. Synovus Financial Corp acquired a new position in shares of Liberty Global during the fourth quarter valued at about $345,000. Sterling Capital Management LLC increased its position in shares of Liberty Global by 60.3% during the fourth quarter. Sterling Capital Management LLC now owns 9,602 shares of the company's stock worth $126,000 after acquiring an additional 3,613 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Liberty Global during the fourth quarter worth about $155,000. Renaissance Technologies LLC increased its position in shares of Liberty Global by 4.7% during the fourth quarter. Renaissance Technologies LLC now owns 1,878,800 shares of the company's stock worth $24,687,000 after acquiring an additional 84,100 shares in the last quarter. Finally, Elgethun Capital Management increased its position in shares of Liberty Global by 1.9% during the fourth quarter. Elgethun Capital Management now owns 774,754 shares of the company's stock worth $10,180,000 after acquiring an additional 14,806 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on shares of Liberty Global in a research report on Friday, January 17th. They set a "hold" rating on the stock.
View Our Latest Analysis on LBTYK
Liberty Global Stock Performance
Shares of LBTYK stock traded down $0.07 during trading hours on Tuesday, hitting $9.38. 261,209 shares of the company were exchanged, compared to its average volume of 1,730,646. Liberty Global Ltd. has a 52-week low of $9.21 and a 52-week high of $22.14. The firm has a fifty day simple moving average of $11.24 and a 200 day simple moving average of $12.79. The stock has a market capitalization of $3.27 billion, a price-to-earnings ratio of 2.24 and a beta of 1.18. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its quarterly 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). The firm had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.08 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.
Liberty Global Company Profile
(
Free Report)
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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