Janney Montgomery Scott LLC increased its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 6.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 597,190 shares of the company's stock after purchasing an additional 35,778 shares during the quarter. Janney Montgomery Scott LLC owned 0.17% of Liberty Global worth $7,148,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of LBTYK. Envestnet Asset Management Inc. increased its position in shares of 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 during the last quarter. Dimensional Fund Advisors LP grew its position in Liberty Global by 14.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company's stock valued at $82,852,000 after acquiring an additional 796,034 shares in the last quarter. American Century Companies Inc. grew its position in Liberty Global by 7,017.5% in the 4th quarter. American Century Companies Inc. now owns 700,362 shares of the company's stock valued at $9,203,000 after acquiring an additional 690,522 shares in the last quarter. Millennium Management LLC grew its position in Liberty Global by 268.3% in the 4th quarter. Millennium Management LLC now owns 909,898 shares of the company's stock valued at $11,956,000 after acquiring an additional 662,827 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in Liberty Global by 18.9% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock valued at $45,786,000 after acquiring an additional 553,947 shares in the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.
Liberty Global Stock Performance
NASDAQ LBTYK opened at $10.14 on Friday. The company has a market cap of $3.54 billion, a P/E ratio of -10.45 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 stock has a 50-day moving average of $10.24 and a two-hundred day moving average of $11.51. 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 released its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($3.13). The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.08 billion. Liberty Global had a negative net margin of 4.25% and a negative return on equity of 1.15%.
Liberty Global Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
