Thompson Siegel & Walmsley LLC trimmed its holdings in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,899,418 shares of the company's stock after selling 216,900 shares during the period. Liberty Global accounts for 1.2% of Thompson Siegel & Walmsley LLC's holdings, making the stock its 24th largest position. Thompson Siegel & Walmsley LLC owned 0.99% of Liberty Global worth $72,685,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in LBTYK. Bfsg LLC acquired a new position in shares of Liberty Global during the fourth quarter worth $60,000. Prudential PLC boosted its position in Liberty Global by 1,417.3% during the third quarter. Prudential PLC now owns 10,530 shares of the company's stock valued at $195,000 after acquiring an additional 9,836 shares during the last quarter. Advisor Partners II LLC bought a new position in shares of Liberty Global during the 3rd quarter worth about $223,000. Brown Advisory Inc. bought a new position in shares of Liberty Global during the 3rd quarter worth about $245,000. Finally, Hsbc Holdings PLC boosted its position in shares of Liberty Global by 35.4% during the 3rd quarter. Hsbc Holdings PLC now owns 14,794 shares of the company's stock worth $274,000 after purchasing an additional 3,869 shares in the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages recently weighed in on LBTYK. TheStreet raised shares of Liberty Global from a "d+" rating to a "c-" rating in a research report on Wednesday, January 24th. StockNews.com cut shares of Liberty Global from a "hold" rating to a "sell" rating in a research report on Tuesday, March 5th.
Get Our Latest Stock Analysis on Liberty Global
Insider Activity
In related news, CAO Jason Waldron sold 11,226 shares of the business's stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the transaction, the chief accounting officer now owns 70,666 shares in the company, valued at $1,363,147.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, EVP Bryan H. Hall sold 25,000 shares of the stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $18.24, for a total transaction of $456,000.00. Following the sale, the executive vice president now owns 144,934 shares in the company, valued at $2,643,596.16. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Jason Waldron sold 11,226 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now owns 70,666 shares in the company, valued at approximately $1,363,147.14. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 113,629 shares of company stock valued at $2,046,783. Insiders own 9.86% of the company's stock.
Liberty Global Stock Performance
Liberty Global stock traded down $0.11 during mid-day trading on Friday, reaching $17.23. The company's stock had a trading volume of 1,618,980 shares, compared to its average volume of 2,242,851. Liberty Global Ltd. has a 12-month low of $16.26 and a 12-month high of $21.83. The company has a market capitalization of $6.51 billion, a P/E ratio of -2.66 and a beta of 1.12. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.28 and a current ratio of 1.28. The firm's fifty day moving average price is $17.45 and its two-hundred day moving average price is $18.10.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share (EPS) for the quarter. The company had revenue of $1.95 billion during the quarter. Liberty Global had a negative net margin of 37.27% and a negative return on equity of 14.07%.
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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