VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Liberty Global Ltd (NASDAQ:LBTYK – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 162,550 shares of the company’s stock, valued at approximately $1,795,000.
Several other hedge funds and other institutional investors have also made changes to their positions in LBTYK. Jones Financial Companies Lllp lifted its stake in Liberty Global by 76,160.0% during the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after purchasing an additional 3,808 shares during the last quarter. CWM LLC lifted its stake in Liberty Global by 195.3% during the third quarter. CWM LLC now owns 4,569 shares of the company’s stock worth $54,000 after purchasing an additional 3,022 shares during the last quarter. Evergreen Capital Management LLC purchased a new stake in Liberty Global during the fourth quarter worth approximately $119,000. US Bancorp DE lifted its stake in Liberty Global by 161.6% during the third quarter. US Bancorp DE now owns 10,792 shares of the company’s stock worth $127,000 after purchasing an additional 6,667 shares during the last quarter. Finally, M&T Bank Corp purchased a new stake in Liberty Global during the second quarter worth approximately $141,000. Hedge funds and other institutional investors own 46.10% of the company’s stock.
Analysts Set New Price Targets
LBTYK has been the subject of a number of research reports. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
Liberty Global Trading Up 0.7%
NASDAQ:LBTYK opened at $11.34 on Friday. The firm has a market cap of $3.83 billion, a P/E ratio of -0.71 and a beta of 0.87. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The stock’s 50 day simple moving average is $11.81 and its 200-day simple moving average is $11.38. Liberty Global Ltd has a 12-month low of $9.65 and a 12-month high of $13.12.
Liberty Global (NASDAQ:LBTYK – Get Free Report) last released its earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.
Liberty Global Profile
Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.
The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.
Recommended Stories
- Five stocks we like better than Liberty Global
- MarketBeat Week in Review – 05/11 – 05/15
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global Ltd (NASDAQ:LBTYK – Free Report).
Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.
