Graham Capital Management L.P. Raises Stock Position in Liberty Global Ltd $LBTYK

Key Points

• Graham Capital Management L.P. increased its holdings in Liberty Global Ltd by 17.8%, owning 301,876 shares valued at approximately $3.6 million following the acquisition of an additional 45,710 shares.
• Liberty Global's latest earnings report showed an EPS loss of $8.09, significantly missing analyst expectations, although the company reported a revenue of $1.27 billion.
• Recent insider transactions revealed that CFO Charles H. R. Bracken and Director Miranda Curtis sold large portions of their shares, with the CFO reducing his stake by 64.36%.

Graham Capital Management L.P. increased its holdings in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 17.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 301,876 shares of the company's stock after purchasing an additional 45,710 shares during the period. Graham Capital Management L.P. owned 0.09% of Liberty Global worth $3,613,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in Liberty Global by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 4,759,893 shares of the company's stock worth $56,976,000 after purchasing an additional 169,432 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake 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 valued at $42,293,000 after purchasing an additional 48,716 shares in the last quarter. Envestnet Asset Management Inc. lifted 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 valued at $40,611,000 after purchasing an additional 47,748 shares during the last quarter. Long Focus Capital Management LLC grew its stake in shares of Liberty Global by 3.6% in the 1st quarter. Long Focus Capital Management LLC now owns 1,494,400 shares of the company's stock worth $17,888,000 after buying an additional 52,400 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of Liberty Global by 61.4% in the 1st quarter. American Century Companies Inc. now owns 1,130,613 shares of the company's stock worth $13,533,000 after buying an additional 430,251 shares during the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Charles H. R. Bracken sold 60,000 shares of the firm's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total value of $678,600.00. Following the completion of the sale, the chief financial officer owned 33,220 shares in the company, valued at approximately $375,718.20. This trade represents a 64.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Miranda Curtis sold 42,600 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $11.77, for a total value of $501,402.00. Following the completion of the sale, the director owned 129,305 shares in the company, valued at approximately $1,521,919.85. The trade was a 24.78% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 136,980 shares of company stock valued at $1,577,091. 9.86% of the stock is currently owned by company insiders.

Liberty Global Trading Down 0.4%

Shares of NASDAQ:LBTYK traded down $0.05 during trading on Friday, reaching $12.09. The company's stock had a trading volume of 594,212 shares, compared to its average volume of 978,017. The stock has a market capitalization of $4.12 billion, a PE ratio of -1.24 and a beta of 1.11. Liberty Global Ltd has a 12 month low of $9.21 and a 12 month high of $22.14. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59. The firm's 50 day simple moving average is $10.95 and its two-hundred day simple moving average is $10.90.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing the consensus estimate of ($0.44) by ($7.65). The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.22 billion. Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.

About Liberty Global

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.