Arizona State Retirement System Has $1.17 Million Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

Arizona State Retirement System trimmed its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 6.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,663 shares of the company’s stock after selling 4,534 shares during the quarter. Arizona State Retirement System’s holdings in Liberty Global were worth $1,168,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its holdings in Liberty Global by 11.3% during the first quarter. Bank of New York Mellon Corp now owns 469,939 shares of the company’s stock valued at $12,176,000 after acquiring an additional 47,558 shares during the period. Bank of Montreal Can boosted its holdings in Liberty Global by 1.9% during the first quarter. Bank of Montreal Can now owns 26,282 shares of the company’s stock valued at $694,000 after acquiring an additional 501 shares during the period. BlackRock Inc. boosted its holdings in Liberty Global by 4.9% during the first quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock valued at $374,293,000 after acquiring an additional 675,496 shares during the period. Yousif Capital Management LLC boosted its holdings in Liberty Global by 13.2% during the first quarter. Yousif Capital Management LLC now owns 14,275 shares of the company’s stock valued at $370,000 after acquiring an additional 1,665 shares during the period. Finally, Aviva PLC boosted its holdings in Liberty Global by 78.8% during the first quarter. Aviva PLC now owns 106,799 shares of the company’s stock valued at $2,767,000 after acquiring an additional 47,076 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on LBTYK shares. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a report on Wednesday, January 24th. StockNews.com cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th.

Liberty Global Stock Up 0.3 %

NASDAQ LBTYK opened at $17.37 on Tuesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a 50-day simple moving average of $18.37 and a 200 day simple moving average of $18.21. Liberty Global Ltd. has a twelve month low of $16.26 and a twelve month high of $21.83. The stock has a market cap of $6.56 billion, a PE ratio of -1.85 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($7.97). Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. The company had revenue of $1.92 billion during the quarter.

Insiders Place Their Bets

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the completion of the transaction, the chief accounting officer now owns 70,666 shares in the company, valued at $1,363,147.14. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Liberty Global news, EVP Bryan H. Hall sold 15,000 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $18.68, for a total transaction of $280,200.00. Following the completion of the transaction, the executive vice president now owns 129,934 shares in the company, valued at $2,427,167.12. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Jason Waldron sold 11,226 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $19.29, for a total transaction of $216,549.54. Following the sale, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at approximately $1,363,147.14. The disclosure for this sale can be found here. Insiders sold a total of 83,629 shares of company stock worth $1,526,283 over the last quarter. Company insiders own 9.86% of the company’s stock.

Liberty Global Profile

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.