Millennium Management LLC increased its stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 268.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 909,898 shares of the company's stock after purchasing an additional 662,827 shares during the period. Millennium Management LLC owned 0.25% of Liberty Global worth $11,956,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the stock. R Squared Ltd bought a new stake in shares of Liberty Global during the 4th quarter valued at $28,000. US Bancorp DE raised its position in shares of Liberty Global by 40.3% during the 4th 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 bought a new stake in shares of Liberty Global during the 4th quarter valued at $63,000. MassMutual Private Wealth & Trust FSB bought a new stake in shares of Liberty Global during the 4th quarter valued at $66,000. Finally, Kestra Investment Management LLC bought a new stake in shares of Liberty Global during the 4th quarter valued at $86,000. Institutional investors own 46.10% of the company's stock.
Liberty Global Trading Up 0.4%
Shares of Liberty Global stock traded up $0.04 on Thursday, hitting $9.76. 124,486 shares of the company's stock traded hands, compared to its average volume of 1,499,603. The firm's 50-day moving average price is $10.71 and its two-hundred day moving average price is $12.06. The stock has a market capitalization of $3.40 billion, a PE ratio of 2.32 and a beta of 1.18. Liberty Global Ltd. has a one year low of $9.21 and a one year high of $22.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19.
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 (EPS) for the quarter, missing the consensus estimate of ($0.71) by ($3.13). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.08 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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