Gamco Investors INC. ET AL reduced its position in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 36.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 695,126 shares of the company's stock after selling 402,541 shares during the quarter. Gamco Investors INC. ET AL owned approximately 0.19% of Liberty Global worth $9,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of LBTYK. R Squared Ltd bought a new position in shares of Liberty Global during the fourth quarter worth $28,000. US Bancorp DE increased its holdings in shares of Liberty Global by 40.3% in the fourth quarter. US Bancorp DE now owns 3,032 shares of the company's stock worth $40,000 after purchasing an additional 871 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in Liberty Global during the fourth quarter valued at approximately $63,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Liberty Global during the 4th quarter worth approximately $66,000. Finally, Kestra Investment Management LLC purchased a new position in shares of Liberty Global in the 4th quarter worth approximately $86,000. 46.10% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on shares of Liberty Global in a research note on Friday, January 17th. They set a "hold" rating for the company.
Get Our Latest Analysis on LBTYK
Liberty Global Trading Up 2.6 %
Shares of NASDAQ:LBTYK traded up $0.27 during trading hours on Tuesday, hitting $10.95. 154,875 shares of the company's stock traded hands, compared to its average volume of 1,537,323. Liberty Global Ltd. has a 1 year low of $10.18 and a 1 year high of $22.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The firm has a market capitalization of $3.82 billion, a P/E ratio of 2.61 and a beta of 1.19. The business has a fifty day moving average price of $11.63 and a 200-day moving average price of $13.94.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.86) by $7.19. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.84 billion.
About Liberty Global
(
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.
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