Balefire LLC reduced its holdings in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 78.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,774 shares of the company's stock after selling 53,703 shares during the period. Balefire LLC's holdings in Liberty Global were worth $177,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of LBTYK. Handelsbanken Fonder AB bought a new position in Liberty Global during the fourth quarter valued at about $448,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Liberty Global during the fourth quarter valued at approximately $169,000. Bank of New York Mellon Corp raised its stake in shares of Liberty Global by 2.3% in the fourth quarter. Bank of New York Mellon Corp now owns 668,832 shares of the company's stock valued at $8,788,000 after purchasing an additional 14,908 shares in the last quarter. Illinois Municipal Retirement Fund lifted its position in Liberty Global by 25.6% in the fourth quarter. Illinois Municipal Retirement Fund now owns 83,439 shares of the company's stock worth $1,096,000 after purchasing an additional 17,013 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted 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 worth $45,786,000 after buying an additional 553,947 shares in the last quarter. 46.10% of the stock is owned by institutional investors.
Liberty Global Stock Performance
Liberty Global stock traded up $0.05 on Friday, hitting $10.14. The company's stock had a trading volume of 2,865,470 shares, compared to its average volume of 1,515,953. The company has a fifty day moving average price of $10.18 and a 200-day moving average price of $11.42. The firm has a market cap of $3.54 billion, a P/E ratio of -10.45 and a beta of 1.08. Liberty Global Ltd has a one year low of $9.21 and a one year high of $22.14. 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 (NASDAQ:LBTYK - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing analysts' consensus estimates of ($0.71) by ($3.13). Liberty Global had a negative net margin of 4.25% and a negative return on equity of 1.15%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 billion.
About Liberty Global
(
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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