Liberty Global Ltd (NASDAQ:LBTYK) Holdings Lifted by Elgethun Capital Management

Key Points

• Elgethun Capital Management has increased its holdings in Liberty Global Ltd by 6.0%, now owning 820,896 shares, which represents approximately 2.2% of its investment portfolio.
• In the most recent quarter, Liberty Global reported a significant loss with earnings per share (EPS) at ($8.09), missing analysts' expectations by ($7.65), despite revenues rising to $1.27 billion.
• The stock has demonstrated a minor increase of 0.2%, with the current share price at $11.23 and a 1-year trading range between $9.21 and $22.14.

Elgethun Capital Management increased its position in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 6.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 820,896 shares of the company's stock after acquiring an additional 46,142 shares during the period. Liberty Global makes up about 2.2% of Elgethun Capital Management's investment portfolio, making the stock its 14th largest position. Elgethun Capital Management owned approximately 0.24% of Liberty Global worth $9,826,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Wyoming acquired a new position in shares of Liberty Global in the 4th quarter valued at $33,000. Parallel Advisors LLC raised its holdings in Liberty Global by 26.2% during the 1st quarter. Parallel Advisors LLC now owns 5,107 shares of the company's stock worth $61,000 after buying an additional 1,059 shares during the period. GAMMA Investing LLC lifted its stake in Liberty Global by 1,176.4% during the first quarter. GAMMA Investing LLC now owns 6,548 shares of the company's stock valued at $78,000 after buying an additional 6,035 shares in the last quarter. CWM LLC boosted its holdings in shares of Liberty Global by 19.1% in the first quarter. CWM LLC now owns 7,190 shares of the company's stock worth $86,000 after buying an additional 1,155 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Liberty Global by 19.0% in the first quarter. PNC Financial Services Group Inc. now owns 8,334 shares of the company's stock worth $100,000 after acquiring an additional 1,333 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors.

Liberty Global Stock Up 0.2%

Shares of Liberty Global stock opened at $11.23 on Thursday. Liberty Global Ltd has a 1 year low of $9.21 and a 1 year high of $22.14. The company has a market cap of $3.92 billion, a P/E ratio of -1.15 and a beta of 1.08. The company has a current ratio of 1.02, a quick ratio of 0.95 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average price of $10.23 and a 200 day moving average price of $10.91.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last posted 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 during the quarter, compared to analysts' expectations of $1.22 billion. Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.

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.

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