Wealth Enhancement Advisory Services LLC Sells 1,194 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Wealth Enhancement Advisory Services LLC cut its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,524 shares of the company’s stock after selling 1,194 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Liberty Global were worth $808,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC raised its holdings in Liberty Global by 2.5% during the fourth quarter. Empowered Funds LLC now owns 184,854 shares of the company’s stock valued at $2,429,000 after acquiring an additional 4,514 shares during the period. Asset Management One Co. Ltd. boosted its stake in Liberty Global by 46.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 34,510 shares of the company’s stock worth $446,000 after purchasing an additional 10,937 shares during the period. ABC Arbitrage SA bought a new position in Liberty Global in the 4th quarter worth approximately $1,803,000. State of New Jersey Common Pension Fund D boosted its stake in Liberty Global by 54.2% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 162,600 shares of the company’s stock worth $2,137,000 after purchasing an additional 57,150 shares during the period. Finally, Keating Investment Counselors Inc. boosted its position in shares of Liberty Global by 3.2% during the fourth quarter. Keating Investment Counselors Inc. now owns 418,972 shares of the company’s stock worth $5,505,000 after acquiring an additional 13,049 shares during the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Down 1.3%

Shares of LBTYK stock opened at $9.83 on Tuesday. The company’s fifty day simple moving average is $10.37 and its two-hundred day simple moving average is $11.76. Liberty Global Ltd. has a 52 week low of $9.21 and a 52 week high of $22.14. The stock has a market cap of $3.43 billion, a P/E ratio of 2.35 and a beta of 1.08. 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 (NASDAQ:LBTYK) last released its quarterly earnings data on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.71) by ($3.13). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.08 billion.

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.