Envestnet Asset Management Inc. Boosts Stock Position in Liberty Global Ltd (NASDAQ:LBTYK)

Envestnet Asset Management Inc. raised its position in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 1.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,392,767 shares of the company's stock after buying an additional 47,748 shares during the quarter. Envestnet Asset Management Inc. owned about 0.97% of Liberty Global worth $40,611,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Teacher Retirement System of Texas grew its holdings in Liberty Global by 132.7% during the 1st quarter. Teacher Retirement System of Texas now owns 24,662 shares of the company's stock valued at $295,000 after buying an additional 14,066 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Liberty Global by 10.0% in the 1st quarter. DAVENPORT & Co LLC now owns 135,250 shares of the company's stock worth $1,619,000 after purchasing an additional 12,250 shares during the period. Illinois Municipal Retirement Fund boosted its holdings in shares of Liberty Global by 68.9% in the 1st quarter. Illinois Municipal Retirement Fund now owns 140,892 shares of the company's stock worth $1,686,000 after purchasing an additional 57,453 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Liberty Global by 56.3% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 655,534 shares of the company's stock worth $7,847,000 after purchasing an additional 236,017 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of Liberty Global by 1.4% in 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 period. Hedge funds and other institutional investors own 46.10% of the company's stock.

Liberty Global Trading Down 2.5%

Shares of Liberty Global stock traded down $0.26 on Friday, reaching $10.26. The company had a trading volume of 797,180 shares, compared to its average volume of 1,448,425. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of -10.58 and a beta of 1.08. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.95 and a quick ratio of 0.95. The firm's 50-day moving average price is $10.01 and its two-hundred day moving average price is $11.18. Liberty Global Ltd has a 1 year low of $9.21 and a 1 year high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing analysts' consensus estimates of ($0.71) by ($3.13). The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations 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 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.