Vanguard Group Inc. Increases Position in Liberty Global Ltd $LBTYK

Key Points

• Vanguard Group Inc. increased its stake in Liberty Global Ltd by 3.7%, now owning approximately 1.36% of the company valued at $56.98 million.
• Insider trading activity has seen Director Miranda Curtis and CFO Charles H. R. Bracken sell a combined total of 136,980 shares, significantly reducing their holdings.
• Liberty Global's stock price has seen a slight increase of 0.4% recently, with its market cap at $4.03 billion and quarterly earnings reported at a loss of ($8.09) EPS.

Vanguard Group Inc. increased its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 3.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,759,893 shares of the company's stock after buying an additional 169,432 shares during the quarter. Vanguard Group Inc. owned 1.36% of Liberty Global worth $56,976,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in shares of Liberty Global by 14.4% in the 4th 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 during the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of Liberty Global by 1.4% during the first 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. increased its stake in 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 acquiring an additional 47,748 shares during the period. Northern Trust Corp raised its holdings in Liberty Global by 14.9% in the 4th quarter. Northern Trust Corp now owns 975,386 shares of the company's stock valued at $12,817,000 after acquiring an additional 126,725 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in Liberty Global by 268.3% in the 4th quarter. Millennium Management LLC now owns 909,898 shares of the company's stock valued at $11,956,000 after acquiring an additional 662,827 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company's stock.

Insider Buying and Selling at Liberty Global

In related news, Director Miranda Curtis sold 42,600 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $11.77, for a total transaction of $501,402.00. Following the sale, the director owned 129,305 shares in the company, valued at approximately $1,521,919.85. This trade represents a 24.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Jason Waldron sold 34,380 shares of the firm's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the completion of the sale, the chief accounting officer owned 8,383 shares in the company, valued at approximately $96,823.65. The trade was a 80.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 136,980 shares of company stock valued at $1,577,091 in the last quarter. 9.86% of the stock is currently owned by insiders.

Liberty Global Price Performance

Liberty Global stock traded up $0.03 during mid-day trading on Friday, hitting $11.95. 847,208 shares of the company were exchanged, compared to its average volume of 1,134,991. Liberty Global Ltd has a 1-year low of $9.21 and a 1-year high of $22.14. The company has a market capitalization of $4.07 billion, a PE ratio of -1.22 and a beta of 1.08. The business has a fifty day moving average of $10.77 and a 200 day moving average of $10.88. 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 earnings results on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts' consensus estimates 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 company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.22 billion.

Liberty Global Company 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.