Price T Rowe Associates Inc. MD lowered its stake in Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 45.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,320 shares of the company's stock after selling 96,102 shares during the period. Price T Rowe Associates Inc. MD's holdings in Liberty Global were worth $1,516,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in LBTYK. R Squared Ltd bought a new stake in shares of Liberty Global in the 4th quarter worth approximately $28,000. US Bancorp DE lifted its position in shares of Liberty Global by 40.3% in the 4th quarter. US Bancorp DE now owns 3,032 shares of the company's stock worth $40,000 after acquiring an additional 871 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Liberty Global during the 4th quarter worth about $63,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Global during the 4th quarter valued at about $66,000. Finally, Cibc World Markets Corp bought a new stake in Liberty Global in the fourth quarter valued at about $77,000. Institutional investors and hedge funds own 46.10% of the company's stock.
Liberty Global Price Performance
Shares of NASDAQ LBTYK traded down $0.06 during mid-day trading on Monday, reaching $9.45. The company had a trading volume of 1,466,376 shares, compared to its average volume of 1,736,303. 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 one year low of $9.21 and a one year high of $22.14. The firm has a market cap of $3.30 billion, a price-to-earnings ratio of 2.26 and a beta of 1.18. The business's 50-day simple moving average is $11.30 and its 200 day simple moving average is $12.87.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.71) by ($3.13). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Liberty Global in a report on Friday, January 17th. They issued a "hold" rating on the stock.
Get Our Latest Stock Analysis on LBTYK
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.
Read More
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.
