Vanguard Group Inc. boosted its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) by 3.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,759,893 shares of the company's stock after purchasing an additional 169,432 shares during the quarter. Vanguard Group Inc. owned approximately 1.36% of Liberty Global worth $56,976,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of LBTYK. Dimensional Fund Advisors LP increased its holdings 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 acquiring an additional 796,034 shares during the last quarter. Millennium Management LLC boosted its position in Liberty Global by 268.3% during the 4th quarter. Millennium Management LLC now owns 909,898 shares of the company's stock worth $11,956,000 after acquiring an additional 662,827 shares during the period. Allianz Asset Management GmbH boosted its position in Liberty Global by 185.2% during the 1st quarter. Allianz Asset Management GmbH now owns 495,002 shares of the company's stock worth $5,925,000 after acquiring an additional 321,444 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in Liberty Global by 56.3% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 655,534 shares of the company's stock worth $7,847,000 after acquiring an additional 236,017 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its position in Liberty Global by 41.5% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 619,788 shares of the company's stock worth $8,144,000 after acquiring an additional 181,631 shares during the period. 46.10% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Liberty Global
In other Liberty Global news, CAO Jason Waldron sold 34,380 shares of the company's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.55, for a total value of $397,089.00. Following the transaction, the chief accounting officer directly owned 8,383 shares of the company's stock, valued at $96,823.65. This represents a 80.40% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Charles H. R. Bracken sold 60,000 shares of the company's stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total value of $678,600.00. Following the completion of the transaction, the chief financial officer directly owned 33,220 shares in the company, valued at approximately $375,718.20. The trade was a 64.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.86% of the stock is currently owned by insiders.
Liberty Global Trading Up 2.3%
Shares of Liberty Global stock opened at $11.80 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of -1.21 and a beta of 1.08. The business has a fifty day simple moving average of $10.58 and a 200-day simple moving average of $10.86. Liberty Global Ltd has a fifty-two week low of $9.21 and a fifty-two week high of $22.14.
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 for the quarter, missing the consensus estimate of ($0.44) by ($7.65). The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.22 billion. Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%.
Liberty Global Profile
(
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.
Further Reading
Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global Ltd (NASDAQ:LBTYK - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access