ACR Alpine Capital Research LLC Has $87.43 Million Position in Liberty Global Ltd (NASDAQ:LBTYK)

ACR Alpine Capital Research LLC reduced its stake in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 2.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,303,923 shares of the company's stock after selling 172,005 shares during the period. Liberty Global comprises approximately 1.8% of ACR Alpine Capital Research LLC's investment portfolio, making the stock its 16th largest position. ACR Alpine Capital Research LLC owned 2.09% of Liberty Global worth $87,428,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its holdings in Liberty Global by 14.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company's stock valued at $82,852,000 after buying an additional 796,034 shares during the last quarter. Oppenheimer Asset Management Inc. raised its holdings in Liberty Global by 1.4% during the 1st 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 during the last quarter. Envestnet Asset Management Inc. raised its holdings in Liberty Global by 1.4% during the 1st 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 during the last quarter. Renaissance Technologies LLC raised its holdings in Liberty Global by 4.7% during the 4th 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 during the last quarter. Finally, California Public Employees Retirement System raised its holdings in Liberty Global by 0.9% during the 4th 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 during the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Down 0.4%

Liberty Global stock traded down $0.04 during mid-day trading on Friday, hitting $10.29. 1,580,101 shares of the stock were exchanged, compared to its average volume of 887,278. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.64. Liberty Global Ltd has a 12 month low of $9.21 and a 12 month high of $22.14. The firm's fifty day simple moving average is $10.12 and its two-hundred day simple moving average is $10.99. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of -10.61 and a beta of 1.08.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.71) by ($3.13). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 billion. Liberty Global had a negative return on equity of 1.15% and a negative net margin of 4.25%.

Liberty Global 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.