Northern Trust Corp increased its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 14.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 975,386 shares of the company's stock after purchasing an additional 126,725 shares during the period. Northern Trust Corp owned 0.27% of Liberty Global worth $12,817,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Two Sigma Securities LLC purchased a new stake in shares of Liberty Global in the 4th quarter valued at about $205,000. Voya Investment Management LLC raised its holdings in shares of Liberty Global by 5.4% in the 4th quarter. Voya Investment Management LLC now owns 27,397 shares of the company's stock valued at $360,000 after acquiring an additional 1,413 shares in the last quarter. Stifel Financial Corp purchased a new stake in shares of Liberty Global in the 4th quarter valued at about $217,000. Tower Research Capital LLC TRC raised its holdings in shares of Liberty Global by 25.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 8,465 shares of the company's stock valued at $111,000 after acquiring an additional 1,699 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Liberty Global by 14.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company's stock valued at $82,852,000 after acquiring an additional 796,034 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company's stock.
Liberty Global Price Performance
Shares of NASDAQ:LBTYK traded down $0.17 on Thursday, hitting $9.88. The company's stock had a trading volume of 2,237,406 shares, compared to its average volume of 1,690,064. The company has a 50-day simple moving average of $10.91 and a 200 day simple moving average of $12.29. Liberty Global Ltd. has a 1 year low of $9.21 and a 1 year high of $22.14. The company has a market capitalization of $3.45 billion, a PE ratio of 2.36 and a beta of 1.18. 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 released its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($3.13). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.08 billion.
Liberty Global 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.
Featured Articles
Before you consider Liberty Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Liberty Global wasn't on the list.
While Liberty Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
