M&T Bank Corp Purchases 92,379 Shares of Liberty Global Ltd $LBTYK

Key Points

• M&T Bank Corp raised its position in Liberty Global by 481.6%, adding 92,379 shares to hold 111,562 shares worth about $1.23 million according to its latest 13F filing.
• Liberty Global reported a quarterly loss of ($8.60) EPS, missing estimates of ($0.31) by $8.29 while revenue matched expectations at $1.23 billion and the company showed a negative net margin (146.3%) and negative ROE (58.32%).
• Shares opened at $11.12 (down ~1%), the company has a market cap of $3.73 billion and a 52‑week range of $9.21–$13.12, with institutional investors owning about 46.10% of the stock.

M&T Bank Corp raised its position in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 481.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,562 shares of the company's stock after acquiring an additional 92,379 shares during the period. M&T Bank Corp's holdings in Liberty Global were worth $1,232,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Optas LLC boosted its holdings in Liberty Global by 19.3% during the fourth quarter. Optas LLC now owns 16,802 shares of the company's stock valued at $185,000 after acquiring an additional 2,723 shares during the period. Evergreen Capital Management LLC acquired a new position in shares of Liberty Global during the fourth quarter valued at about $119,000. CWM LLC raised its position in shares of Liberty Global by 28.1% during the fourth quarter. CWM LLC now owns 5,855 shares of the company's stock valued at $65,000 after buying an additional 1,286 shares during the last quarter. Perigon Wealth Management LLC raised its position in shares of Liberty Global by 9.3% during the fourth quarter. Perigon Wealth Management LLC now owns 21,111 shares of the company's stock valued at $233,000 after buying an additional 1,789 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Liberty Global by 45.3% during the fourth quarter. SG Americas Securities LLC now owns 35,458 shares of the company's stock valued at $391,000 after buying an additional 11,063 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors.

Liberty Global Stock Down 1.0%

Shares of LBTYK opened at $11.12 on Thursday. The company has a 50-day simple moving average of $11.95 and a 200-day simple moving average of $11.34. The firm has a market capitalization of $3.73 billion, a P/E ratio of -0.53 and a beta of 0.97. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.08 and a current ratio of 1.08. Liberty Global Ltd has a 52 week low of $9.21 and a 52 week high of $13.12.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing analysts' consensus estimates of ($0.31) by ($8.29). The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%.

About Liberty Global

Liberty Global NASDAQ: LBTYK is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company's core services include ultra‐fast broadband, pay television, voice services and mobile offerings.

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