Teacher Retirement System of Texas Boosts Stock Position in Liberty Global Ltd (NASDAQ:LBTYK)

Teacher Retirement System of Texas increased its stake in Liberty Global Ltd (NASDAQ:LBTYK) by 132.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,662 shares of the company’s stock after buying an additional 14,066 shares during the period. Teacher Retirement System of Texas’ holdings in Liberty Global were worth $295,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in LBTYK. Dimensional Fund Advisors LP boosted its stake in Liberty Global by 14.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company’s stock valued at $82,852,000 after purchasing an additional 796,034 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Liberty Global by 1.4% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,533,210 shares of the company’s stock valued at $42,293,000 after purchasing an additional 48,716 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Liberty Global by 31.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 3,345,019 shares of the company’s stock valued at $43,954,000 after purchasing an additional 807,953 shares during the last quarter. Renaissance Technologies LLC boosted its stake in Liberty Global by 4.7% during the 4th quarter. Renaissance Technologies LLC now owns 1,878,800 shares of the company’s stock valued at $24,687,000 after purchasing an additional 84,100 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in Liberty Global by 0.9% during the 4th quarter. California Public Employees Retirement System now owns 1,044,505 shares of the company’s stock valued at $13,725,000 after purchasing an additional 9,009 shares during the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Stock Performance

LBTYK stock opened at $10.18 on Friday. The company has a market cap of $3.55 billion, a P/E ratio of -10.49 and a beta of 1.08. Liberty Global Ltd has a 1 year low of $9.21 and a 1 year high of $22.14. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.95 and a quick ratio of 0.95. The stock’s fifty day moving average price is $10.06 and its 200-day moving average price is $11.10.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.71) by ($3.13). The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Liberty Global had a negative return on equity of 1.15% and a negative net margin of 4.25%.

Liberty Global Company 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.