Cubist Systematic Strategies LLC Invests $2.38 Million in Liberty Global Ltd. (NASDAQ:LBTYK)

Cubist Systematic Strategies LLC bought a new position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 181,078 shares of the company's stock, valued at approximately $2,379,000. Cubist Systematic Strategies LLC owned approximately 0.05% of Liberty Global as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of LBTYK. JPMorgan Chase & Co. grew its stake in Liberty Global by 34.1% during the third quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company's stock valued at $7,554,000 after acquiring an additional 88,975 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Liberty Global by 14.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company's stock valued at $82,852,000 after acquiring an additional 796,034 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Liberty Global by 22.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company's stock valued at $7,377,000 after acquiring an additional 102,429 shares in the last quarter. ABC Arbitrage SA purchased a new position in Liberty Global during the fourth quarter valued at approximately $1,803,000. Finally, Oppenheimer Asset Management Inc. grew its stake in Liberty Global by 18.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock valued at $45,786,000 after acquiring an additional 553,947 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.

Liberty Global Stock Down 2.2%

Shares of NASDAQ:LBTYK traded down $0.23 during midday trading on Friday, reaching $10.03. The company's stock had a trading volume of 1,229,116 shares, compared to its average volume of 1,711,872. The firm has a 50 day moving average of $11.07 and a 200-day moving average of $12.53. The firm has a market capitalization of $3.50 billion, a P/E ratio of 2.39 and a beta of 1.18. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 12-month low of $9.21 and a 12-month high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.71) by ($3.13). The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.08 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 assumed coverage on shares of Liberty Global in a research report on Friday, January 17th. They set 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.