Townsquare Capital LLC Buys Shares of 26,623 Liberty Global Ltd $LBTYK

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Townsquare Capital LLC bought a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 26,623 shares of the company's stock, valued at approximately $319,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its stake in shares of Liberty Global by 14.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company's stock valued at $82,852,000 after buying an additional 796,034 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Liberty Global by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 4,759,893 shares of the company's stock valued at $56,976,000 after buying an additional 169,432 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Liberty Global by 1.4% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,533,210 shares of the company's stock valued at $42,293,000 after buying an additional 48,716 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Liberty Global by 1.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,392,767 shares of the company's stock valued at $40,611,000 after buying an additional 47,748 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Liberty Global by 14.9% during the 4th quarter. Northern Trust Corp now owns 975,386 shares of the company's stock valued at $12,817,000 after buying an additional 126,725 shares during the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Up 2.3%

Shares of Liberty Global stock traded up $0.26 on Friday, hitting $11.80. 963,475 shares of the company's stock traded hands, compared to its average volume of 1,196,592. The firm's 50-day moving average is $10.58 and its 200 day moving average is $10.86. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $22.14. The stock has a market cap of $4.02 billion, a P/E ratio of -1.21 and a beta of 1.08. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($7.65). Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.22 billion.

Insider Buying and Selling at Liberty Global

In related news, CAO Jason Waldron sold 34,380 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $11.55, for a total transaction of $397,089.00. Following the transaction, the chief accounting officer directly owned 8,383 shares in the company, valued at $96,823.65. This trade represents a 80.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Charles H. R. Bracken sold 60,000 shares of the firm's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total value of $678,600.00. Following the transaction, the chief financial officer owned 33,220 shares in the company, valued at $375,718.20. This trade represents a 64.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 9.86% of the company's stock.

Liberty Global Profile

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.