Bank of Nova Scotia purchased a new position in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 178,000 shares of the company's stock, valued at approximately $2,131,000. Bank of Nova Scotia owned 0.05% of Liberty Global as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of LBTYK. Raymond James Financial Inc. bought a new stake in Liberty Global in the fourth quarter worth approximately $155,000. Prudential Financial Inc. bought a new stake in shares of Liberty Global in the 4th quarter valued at $206,000. Norges Bank acquired a new position in shares of Liberty Global during the 4th quarter valued at $3,093,000. Wells Fargo & Company MN boosted its stake in Liberty Global by 9.3% during the fourth quarter. Wells Fargo & Company MN now owns 115,278 shares of the company's stock worth $1,515,000 after acquiring an additional 9,797 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in Liberty Global by 31.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,345,019 shares of the company's stock worth $43,954,000 after purchasing an additional 807,953 shares during the period. 46.10% of the stock is owned by institutional investors.
Liberty Global Stock Up 1.2%
LBTYK stock traded up $0.13 during midday trading on Friday, reaching $11.21. 906,864 shares of the company's stock traded hands, compared to its average volume of 1,385,140. The company has a quick ratio of 0.95, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The firm's fifty day moving average price is $10.26 and its 200-day moving average price is $10.90. Liberty Global Ltd has a 52 week low of $9.21 and a 52 week high of $22.14. The company has a market cap of $3.91 billion, a price-to-earnings ratio of -1.15 and a beta of 1.08.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported ($8.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.44) by ($7.65). The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.22 billion. Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%.
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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