Northern Trust Corp Has $12.82 Million Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Northern Trust Corp raised its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 975,386 shares of the company’s stock after buying an additional 126,725 shares during the quarter. Northern Trust Corp owned 0.27% of Liberty Global worth $12,817,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LBTYK. Envestnet Asset Management Inc. grew its holdings in shares of Liberty Global by 31.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,345,019 shares of the company’s stock worth $43,954,000 after purchasing an additional 807,953 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Liberty Global by 14.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company’s stock worth $82,852,000 after purchasing an additional 796,034 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Liberty Global by 7,017.5% during the 4th quarter. American Century Companies Inc. now owns 700,362 shares of the company’s stock worth $9,203,000 after purchasing an additional 690,522 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock worth $45,786,000 after purchasing an additional 553,947 shares in the last quarter. Finally, Candriam S.C.A. grew its holdings in shares of Liberty Global by 92.9% during the 4th quarter. Candriam S.C.A. now owns 1,122,072 shares of the company’s stock worth $14,744,000 after purchasing an additional 540,486 shares in the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

Liberty Global Price Performance

Shares of LBTYK stock opened at $10.03 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a twelve month low of $9.21 and a twelve month high of $22.14. The company has a market cap of $3.50 billion, a P/E ratio of 2.39 and a beta of 1.18. The business has a fifty day simple moving average of $11.07 and a 200 day simple moving average of $12.59.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing the consensus estimate of ($0.71) by ($3.13). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.08 billion.

Wall Street Analyst Weigh In

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