UBS Group AG trimmed its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK – Free Report) by 54.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 278,875 shares of the company’s stock after selling 337,444 shares during the quarter. UBS Group AG’s holdings in Liberty Global were worth $3,079,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. American Century Companies Inc. increased its holdings in Liberty Global by 36.9% during the third quarter. American Century Companies Inc. now owns 2,519,167 shares of the company’s stock valued at $29,600,000 after buying an additional 678,674 shares during the period. Luxor Capital Group LP increased its holdings in Liberty Global by 32.5% during the third quarter. Luxor Capital Group LP now owns 705,916 shares of the company’s stock valued at $8,295,000 after buying an additional 173,200 shares during the period. Jain Global LLC increased its holdings in Liberty Global by 4,520.6% during the third quarter. Jain Global LLC now owns 536,125 shares of the company’s stock valued at $6,299,000 after buying an additional 524,522 shares during the period. M&T Bank Corp increased its holdings in Liberty Global by 481.6% during the fourth quarter. M&T Bank Corp now owns 111,562 shares of the company’s stock valued at $1,232,000 after buying an additional 92,379 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Liberty Global by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 3,566,556 shares of the company’s stock valued at $41,907,000 after buying an additional 78,262 shares during the period. 46.10% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
LBTYK has been the topic of several research reports. Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Wall Street Zen raised shares of Liberty Global from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One 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 Price Performance
Shares of LBTYK opened at $11.79 on Tuesday. The company has a market cap of $3.99 billion, a price-to-earnings ratio of -0.74 and a beta of 0.87. Liberty Global Ltd has a twelve month low of $9.65 and a twelve month high of $13.12. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. The company has a 50 day moving average of $11.76 and a two-hundred day moving average of $11.41.
Liberty Global (NASDAQ:LBTYK – Get Free Report) last announced its earnings results on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%.
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.
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