Invesco Ltd. boosted its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 22.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 562,776 shares of the company's stock after acquiring an additional 104,219 shares during the period. Invesco Ltd. owned 0.16% of Liberty Global worth $7,395,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. R Squared Ltd purchased a new stake in shares of Liberty Global during the fourth quarter valued at $28,000. US Bancorp DE raised its position in shares of Liberty Global by 40.3% during the 4th quarter. US Bancorp DE now owns 3,032 shares of the company's stock valued at $40,000 after purchasing an additional 871 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Liberty Global during the fourth quarter valued at about $63,000. MassMutual Private Wealth & Trust FSB bought a new position in shares of Liberty Global in the fourth quarter worth about $66,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of Liberty Global during the fourth quarter worth about $86,000. Institutional investors own 46.10% of the company's stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on shares of Liberty Global in a research report on Friday, January 17th. They set a "hold" rating for the company.
Get Our Latest Research Report on LBTYK
Liberty Global Price Performance
Shares of NASDAQ LBTYK traded down $0.16 during midday trading on Wednesday, reaching $11.34. 1,041,869 shares of the stock traded hands, compared to its average volume of 1,775,902. The company's 50 day moving average is $11.59 and its 200 day moving average is $13.55. Liberty Global Ltd. has a one year low of $10.18 and a one year high of $22.14. The stock has a market capitalization of $3.95 billion, a PE ratio of 2.71 and a beta of 1.19. 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 announced its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 23.09% and a return on equity of 9.83%.
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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