ACR Alpine Capital Research LLC Decreases Stock Position in Liberty Global Ltd (NASDAQ:LBTYK)

ACR Alpine Capital Research LLC decreased its stake in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 2.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,303,923 shares of the company's stock after selling 172,005 shares during the quarter. Liberty Global makes up 1.8% of ACR Alpine Capital Research LLC's holdings, making the stock its 16th largest position. ACR Alpine Capital Research LLC owned about 2.09% of Liberty Global worth $87,428,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of LBTYK. Dimensional Fund Advisors LP boosted its position 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 worth $82,852,000 after purchasing an additional 796,034 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in Liberty Global by 1.4% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,533,210 shares of the company's stock worth $42,293,000 after purchasing an additional 48,716 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Liberty Global by 1.4% during the first quarter. Envestnet Asset Management Inc. now owns 3,392,767 shares of the company's stock worth $40,611,000 after purchasing an additional 47,748 shares in the last quarter. Renaissance Technologies LLC boosted its position in 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 purchasing an additional 84,100 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position 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 purchasing an additional 9,009 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.

Liberty Global Price Performance

LBTYK stock traded down $0.16 during trading on Thursday, hitting $10.33. The stock had a trading volume of 1,468,869 shares, compared to its average volume of 854,938. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.95 and a quick ratio of 0.95. Liberty Global Ltd has a twelve month low of $9.21 and a twelve month high of $22.14. The stock has a market capitalization of $3.60 billion, a P/E ratio of -10.65 and a beta of 1.08. The company's 50-day moving average price is $10.12 and its two-hundred day moving average price is $11.02.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($3.13). The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.08 billion. Liberty Global had a negative net margin of 4.25% and a negative return on equity of 1.15%.

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.