Oppenheimer Asset Management Inc. Raises Stake in Liberty Global Ltd (NASDAQ:LBTYK)

Oppenheimer Asset Management Inc. grew its stake in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 1.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,533,210 shares of the company's stock after buying an additional 48,716 shares during the quarter. Oppenheimer Asset Management Inc. owned 1.01% of Liberty Global worth $42,293,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of LBTYK. Janney Montgomery Scott LLC grew its position in shares of Liberty Global by 6.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 597,190 shares of the company's stock valued at $7,148,000 after acquiring an additional 35,778 shares during the period. Ritholtz Wealth Management purchased a new position in Liberty Global during the first quarter worth approximately $487,000. Deutsche Bank AG grew its holdings in Liberty Global by 221.4% in the fourth quarter. Deutsche Bank AG now owns 53,911 shares of the company's stock valued at $708,000 after purchasing an additional 37,135 shares during the period. Dimensional Fund Advisors LP grew its holdings in Liberty Global by 14.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company's stock valued at $82,852,000 after purchasing an additional 796,034 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in shares of Liberty Global by 17.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 406,644 shares of the company's stock valued at $5,343,000 after buying an additional 60,922 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.

Liberty Global Price Performance

NASDAQ:LBTYK traded up $0.06 during trading hours on Thursday, hitting $10.09. 822,076 shares of the stock were exchanged, compared to its average volume of 1,510,551. The firm's fifty day moving average price is $10.18 and its 200 day moving average price is $11.42. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $22.14. The company has a market cap of $3.52 billion, a P/E ratio of -10.40 and a beta of 1.08. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.64.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly 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). Liberty Global had a negative net margin of 4.25% and a negative return on equity of 1.15%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 billion.

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.