LPL Financial LLC Decreases Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

LPL Financial LLC decreased its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 21.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,048 shares of the company’s stock after selling 11,564 shares during the period. LPL Financial LLC’s holdings in Liberty Global were worth $566,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in LBTYK. R Squared Ltd bought a new stake in Liberty Global in the fourth quarter valued at approximately $28,000. US Bancorp DE increased its stake in shares of Liberty Global by 40.3% in the fourth quarter. US Bancorp DE now owns 3,032 shares of the company’s stock worth $40,000 after buying an additional 871 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Liberty Global during the 4th quarter valued at $63,000. MassMutual Private Wealth & Trust FSB purchased a new stake in Liberty Global during the 4th quarter valued at $66,000. Finally, Kestra Investment Management LLC bought a new stake in Liberty Global in the 4th quarter worth $86,000. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Trading Up 0.6 %

NASDAQ LBTYK opened at $11.10 on Friday. The stock has a market cap of $3.87 billion, a P/E ratio of 2.65 and a beta of 1.19. Liberty Global Ltd. has a fifty-two week low of $10.18 and a fifty-two week high of $22.14. The stock has a 50 day simple moving average of $11.61 and a two-hundred day simple moving average of $13.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Liberty Global in a research note on Friday, January 17th. They set a “hold” rating for the company.

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.