Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by Legal & General Group Plc

Legal & General Group Plc lessened its holdings in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 59.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 391,432 shares of the company’s stock after selling 567,360 shares during the quarter. Legal & General Group Plc owned approximately 0.11% of Liberty Global worth $5,143,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LBTYK. US Bancorp DE increased its stake 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 last quarter. R Squared Ltd acquired a new stake in Liberty Global during the fourth quarter worth about $28,000. HighTower Advisors LLC raised its stake in Liberty Global by 7.4% during the fourth quarter. HighTower Advisors LLC now owns 43,609 shares of the company’s stock worth $573,000 after purchasing an additional 3,002 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Liberty Global in the 4th quarter valued at about $63,000. Finally, Empowered Funds LLC grew its stake in shares of Liberty Global by 2.5% in the 4th quarter. Empowered Funds LLC now owns 184,854 shares of the company’s stock valued at $2,429,000 after buying an additional 4,514 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Liberty Global in a report on Friday, January 17th. They issued a “hold” rating on the stock.

Liberty Global Stock Performance

NASDAQ LBTYK opened at $11.05 on Monday. The stock has a market cap of $3.85 billion, a PE ratio of 2.64 and a beta of 1.19. Liberty Global Ltd. has a twelve month low of $10.18 and a twelve month high of $22.14. The stock has a fifty day simple moving average of $11.64 and a 200-day simple moving average of $14.01. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.86) by $7.19. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion.

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.