Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its holdings in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,172,608 shares of the company's stock after selling 180,990 shares during the period. Geode Capital Management LLC owned 0.89% of Liberty Global worth $41,703,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Liberty Global in the third quarter valued at approximately $15,636,000. American Century Companies Inc. lifted its stake in shares of Liberty Global by 7,017.5% during the 4th quarter. American Century Companies Inc. now owns 700,362 shares of the company's stock worth $9,203,000 after purchasing an additional 690,522 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of Liberty Global by 18.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock worth $45,786,000 after purchasing an additional 553,947 shares during the last quarter. Candriam S.C.A. grew its position in shares of Liberty Global by 92.9% in the fourth quarter. Candriam S.C.A. now owns 1,122,072 shares of the company's stock valued at $14,744,000 after purchasing an additional 540,486 shares during the period. Finally, Quantbot Technologies LP increased its stake in Liberty Global by 321.0% in the fourth quarter. Quantbot Technologies LP now owns 318,644 shares of the company's stock valued at $4,187,000 after purchasing an additional 242,950 shares during the last quarter. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Liberty Global in a research note on Friday, January 17th. They issued a "hold" rating on the stock.

Liberty Global Trading Up 1.7 %

NASDAQ:LBTYK traded up $0.18 during trading hours on Friday, reaching $11.05. 853,613 shares of the company were exchanged, compared to its average volume of 1,812,260. The firm has a market cap of $3.85 billion, a price-to-earnings ratio of 2.64 and a beta of 1.19. The stock has a 50 day simple moving average of $11.64 and a 200 day simple moving average of $14.01. Liberty Global Ltd. has a 52-week low of $10.18 and a 52-week 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.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating analysts' consensus estimates of ($0.86) by $7.19. The firm had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%.

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.