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

Key Points

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Townsquare Capital LLC acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYK - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 26,623 shares of the company's stock, valued at approximately $319,000.

Several other large investors also recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC lifted its stake in Liberty Global by 6.4% in the first quarter. Janney Montgomery Scott LLC now owns 597,190 shares of the company's stock worth $7,148,000 after acquiring an additional 35,778 shares during the period. Ritholtz Wealth Management bought a new position in shares of Liberty Global during the first quarter valued at approximately $487,000. Deutsche Bank AG boosted its stake in shares of Liberty Global by 221.4% during 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Liberty Global by 14.4% during 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 in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Liberty Global by 1.4% during the first quarter. Envestnet Asset Management Inc. now owns 3,392,767 shares of the company's stock valued at $40,611,000 after purchasing an additional 47,748 shares in the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

LBTYK stock opened at $11.71 on Tuesday. The firm has a market cap of $3.99 billion, a price-to-earnings ratio of -1.20 and a beta of 1.08. The firm has a 50-day simple moving average of $10.47 and a two-hundred day simple moving average of $10.86. 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 0.59, a quick ratio of 1.02 and a current ratio of 1.02.

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

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.

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