American Century Companies Inc. Buys 430,251 Shares of Liberty Global Ltd $LBTYK

American Century Companies Inc. raised its stake in Liberty Global Ltd (NASDAQ:LBTYK) by 61.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,130,613 shares of the company’s stock after buying an additional 430,251 shares during the quarter. American Century Companies Inc. owned about 0.32% of Liberty Global worth $13,533,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of LBTYK. Wells Fargo & Company MN lifted its stake in Liberty Global by 9.3% in the fourth quarter. Wells Fargo & Company MN now owns 115,278 shares of the company’s stock valued at $1,515,000 after buying an additional 9,797 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Liberty Global in the fourth quarter valued at approximately $155,000. Dimensional Fund Advisors LP raised its holdings in shares of Liberty Global by 14.4% in the fourth 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. Tower Research Capital LLC TRC raised its holdings in shares of Liberty Global by 25.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 8,465 shares of the company’s stock valued at $111,000 after purchasing an additional 1,699 shares during the last quarter. Finally, Stifel Financial Corp acquired a new stake in shares of Liberty Global in the fourth quarter valued at approximately $217,000. Institutional investors own 46.10% of the company’s stock.

Liberty Global Price Performance

NASDAQ LBTYK opened at $11.77 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global Ltd has a 12-month low of $9.21 and a 12-month high of $22.14. The company has a market capitalization of $4.01 billion, a PE ratio of -1.20 and a beta of 1.08. The firm’s 50 day moving average is $10.62 and its 200-day moving average is $10.86.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.44) by ($7.65). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.22 billion.

Insider Buying and Selling

In other news, CAO Jason Waldron sold 34,380 shares of Liberty Global stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $11.55, for a total value of $397,089.00. Following the sale, the chief accounting officer directly owned 8,383 shares in the company, valued at $96,823.65. This trade represents a 80.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Charles H. R. Bracken sold 60,000 shares of Liberty Global stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total transaction of $678,600.00. Following the completion of the sale, the chief financial officer owned 33,220 shares in the company, valued at $375,718.20. This trade represents a 64.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.86% of the stock is owned by company insiders.

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.