Headlands Technologies LLC acquired a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 200,884 shares of the company's stock, valued at approximately $2,255,000. Headlands Technologies LLC owned approximately 0.06% of Liberty Global as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in LBTYK. California State Teachers Retirement System boosted its stake in shares of Liberty Global by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 145,501 shares of the company's stock valued at $1,500,000 after buying an additional 1,116 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Liberty Global by 9.7% in the fourth quarter. Arkadios Wealth Advisors now owns 13,061 shares of the company's stock worth $144,000 after acquiring an additional 1,157 shares during the last quarter. CWM LLC raised its holdings in shares of Liberty Global by 28.1% during the fourth quarter. CWM LLC now owns 5,855 shares of the company's stock worth $65,000 after acquiring an additional 1,286 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Liberty Global by 15.7% during the third quarter. Raymond James Financial Inc. now owns 13,271 shares of the company's stock worth $156,000 after acquiring an additional 1,796 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in Liberty Global by 2.9% during the second quarter. Bank of America Corp DE now owns 75,244 shares of the company's stock valued at $776,000 after purchasing an additional 2,103 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.
Liberty Global Price Performance
Liberty Global stock opened at $10.43 on Monday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.82. Liberty Global Ltd has a 1-year low of $9.30 and a 1-year high of $13.12. The firm's fifty day simple moving average is $10.37 and its 200-day simple moving average is $11.27. The company has a market capitalization of $3.56 billion, a P/E ratio of -1.16 and a beta of 0.90.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.34 billion.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Wall Street Zen lowered Liberty Global from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Liberty Global in a report on Friday, July 31st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of "Sell".
Get Our Latest Research Report on LBTYK
Insider Activity
In other Liberty Global news, Director J David Wargo sold 55,000 shares of the company's stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total transaction of $634,700.00. Following the completion of the sale, the director owned 53,876 shares of the company's stock, valued at $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 9.86% of the company's stock.
About Liberty Global
(
Free Report)
Liberty Global NASDAQ: LBTYK is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.
The company's core services include ultra‐fast broadband, pay television, voice services and mobile offerings.
Further Reading
Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global Ltd (NASDAQ:LBTYK - Free Report).
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