Bank of America Corp DE cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 72.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 115,578 shares of the company's stock after selling 298,479 shares during the quarter. Bank of America Corp DE's holdings in Liberty Global were worth $1,519,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of Liberty Global during the fourth quarter worth $28,000. US Bancorp DE boosted its position in Liberty Global by 40.3% during the fourth quarter. US Bancorp DE now owns 3,032 shares of the company's stock valued at $40,000 after acquiring an additional 871 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Liberty Global during the 4th quarter worth about $63,000. Cibc World Markets Corp bought a new position in shares of Liberty Global in the 4th quarter worth about $77,000. Finally, Kestra Investment Management LLC acquired a new position in shares of Liberty Global in the 4th quarter valued at about $86,000. Institutional investors own 46.10% of the company's stock.
Liberty Global Trading Down 0.4%
NASDAQ LBTYK traded down $0.04 during trading hours on Friday, hitting $9.96. 936,683 shares of the company's stock were exchanged, compared to its average volume of 1,563,594. The firm has a market cap of $3.47 billion, a price-to-earnings ratio of 2.38 and a beta of 1.08. The stock has a 50-day simple moving average of $10.45 and a 200 day simple moving average of $11.83. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. 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 quarterly earnings data 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 company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.08 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.
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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