Virtu Financial LLC Takes Position in Liberty Global Ltd $LBTYK

Key Points

• Virtu Financial LLC has acquired a new position in Liberty Global Ltd (NASDAQ: LBTYK) by purchasing 45,514 shares valued at approximately $545,000.
• Other institutional investors have also increased their positions in Liberty Global, with notable increases from GAMMA Investing LLC (up 1,176.4%) and CWM LLC (up 19.1%) during the first quarter.
• Liberty Global reported quarterly earnings with an EPS of ($8.09), significantly missing analyst estimates and reflecting a negative net margin of 60.38% despite revenue exceeding expectations at $1.27 billion.

Virtu Financial LLC purchased a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYK - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 45,514 shares of the company's stock, valued at approximately $545,000.

A number of other large investors have also recently bought and sold shares of LBTYK. Dimensional Fund Advisors LP grew its position 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 acquiring an additional 796,034 shares during the period. Millennium Management LLC increased its stake in shares of Liberty Global by 268.3% in 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 last quarter. Allianz Asset Management GmbH raised its stake in Liberty Global by 185.2% during the first quarter. Allianz Asset Management GmbH now owns 495,002 shares of the company's stock worth $5,925,000 after purchasing an additional 321,444 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of 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 valued at $7,847,000 after buying an additional 236,017 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of Liberty Global by 41.5% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 619,788 shares of the company's stock valued at $8,144,000 after purchasing an additional 181,631 shares during the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.

Liberty Global Trading Up 0.7%

LBTYK stock traded up $0.09 during mid-day trading on Monday, hitting $11.72. 495,833 shares of the company were exchanged, compared to its average volume of 1,372,162. 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 capitalization of $3.99 billion, a P/E ratio of -1.20 and a beta of 1.08. The business has a fifty day simple moving average of $10.44 and a 200-day simple moving average of $10.86. Liberty Global Ltd has a 12-month low of $9.21 and a 12-month high of $22.14.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its quarterly earnings results 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). The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.22 billion. Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.

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.