JPMorgan Chase & Co. cut its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 14.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 297,905 shares of the company's stock after selling 51,660 shares during the period. JPMorgan Chase & Co. owned approximately 0.08% of Liberty Global worth $3,846,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of LBTYK. Wilmington Savings Fund Society FSB purchased a new stake in shares of Liberty Global in the 3rd quarter valued at approximately $15,636,000. Janney Montgomery Scott LLC raised its position in Liberty Global by 22.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company's stock valued at $7,377,000 after purchasing an additional 102,429 shares during the period. Virtu Financial LLC acquired a new position in Liberty Global during the third quarter worth $1,551,000. ABC Arbitrage SA purchased a new position in shares of Liberty Global during the fourth quarter worth $1,803,000. Finally, Oppenheimer Asset Management Inc. grew its stake in shares of Liberty Global by 18.9% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock valued at $45,786,000 after buying an additional 553,947 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.
Liberty Global Stock Up 0.2 %
Shares of NASDAQ:LBTYK traded up $0.03 during trading on Friday, hitting $11.13. The company's stock had a trading volume of 147,368 shares, compared to its average volume of 1,784,280. The company has a market capitalization of $3.88 billion, a PE ratio of 2.66 and a beta of 1.19. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05. Liberty Global Ltd. has a fifty-two week low of $10.18 and a fifty-two week high of $22.14. The business has a 50 day moving average price of $11.61 and a two-hundred day moving average price of $13.83.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last posted its quarterly 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 return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on Liberty Global in a report on Friday, January 17th. They set a "hold" rating for the company.
Check Out Our Latest Stock Report on LBTYK
Liberty Global Company 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.
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