Elgethun Capital Management grew its position in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 6.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 820,896 shares of the company's stock after acquiring an additional 46,142 shares during the quarter. Liberty Global makes up approximately 2.2% of Elgethun Capital Management's holdings, making the stock its 14th largest position. Elgethun Capital Management owned 0.24% of Liberty Global worth $9,826,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in LBTYK. Raymond James Financial Inc. bought a new stake in shares of Liberty Global during the fourth quarter worth $155,000. Prudential Financial Inc. acquired a new stake in shares of Liberty Global in the 4th quarter valued at $206,000. Norges Bank bought a new stake in Liberty Global during the 4th quarter worth $3,093,000. Wells Fargo & Company MN lifted its stake in shares of Liberty Global by 9.3% in the 4th quarter. Wells Fargo & Company MN now owns 115,278 shares of the company's stock valued at $1,515,000 after purchasing an additional 9,797 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Liberty Global by 31.8% during the 4th 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 in the last quarter. 46.10% of the stock is currently owned by institutional investors.
Liberty Global Stock Down 0.4%
NASDAQ LBTYK traded down $0.05 during mid-day trading on Monday, reaching $11.17. The stock had a trading volume of 287,507 shares, compared to its average volume of 1,377,746. Liberty Global Ltd has a 1 year low of $9.21 and a 1 year high of $22.14. The company has a fifty day moving average price of $10.29 and a 200 day moving average price of $10.88. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.02 and a quick ratio of 1.02. The stock has a market cap of $3.89 billion, a PE ratio of -1.14 and a beta of 1.08.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.44) by ($7.65). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The firm had revenue of $1.27 billion during the quarter, compared to analysts' expectations of $1.22 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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