Vanguard Group Inc. Has $60.32 Million Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

Vanguard Group Inc. lowered its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK - Free Report) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,590,461 shares of the company's stock after selling 1,250,625 shares during the quarter. Vanguard Group Inc. owned about 1.28% of Liberty Global worth $60,319,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in LBTYK. Wilmington Savings Fund Society FSB acquired a new position in Liberty Global during the third quarter valued at approximately $15,636,000. American Century Companies Inc. raised its holdings in shares of Liberty Global by 7,017.5% during the 4th quarter. American Century Companies Inc. now owns 700,362 shares of the company's stock worth $9,203,000 after buying an additional 690,522 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company's stock worth $45,786,000 after buying an additional 553,947 shares during the last quarter. Candriam S.C.A. boosted its stake in Liberty Global by 92.9% in the fourth quarter. Candriam S.C.A. now owns 1,122,072 shares of the company's stock valued at $14,744,000 after buying an additional 540,486 shares in the last quarter. Finally, Quantbot Technologies LP grew its position in Liberty Global by 321.0% in the fourth quarter. Quantbot Technologies LP now owns 318,644 shares of the company's stock valued at $4,187,000 after acquiring an additional 242,950 shares during the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

Liberty Global Price Performance

Shares of NASDAQ LBTYK traded up $0.18 during midday trading on Thursday, reaching $11.05. 115,982 shares of the company were exchanged, compared to its average volume of 1,553,670. Liberty Global Ltd. has a one year low of $10.18 and a one year high of $22.14. The stock has a market cap of $3.85 billion, a P/E ratio of 2.63 and a beta of 1.19. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The stock's 50-day moving average price is $11.65 and its 200-day moving average price is $14.27.

Liberty Global (NASDAQ:LBTYK - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.12 billion during the quarter, compared to analysts' expectations of $1.84 billion.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research note on Friday, January 17th. They issued a "hold" rating on the stock.

About Liberty Global

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.