Liberty Global Ltd $LBTYK Shares Purchased by American Century Companies Inc.

American Century Companies Inc. increased its holdings in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 36.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,519,167 shares of the company’s stock after buying an additional 678,674 shares during the quarter. American Century Companies Inc. owned 0.74% of Liberty Global worth $29,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in Liberty Global by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 3,566,556 shares of the company’s stock worth $41,907,000 after acquiring an additional 78,262 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of Liberty Global during the second quarter valued at about $21,833,000. Goldman Sachs Group Inc. raised its position in shares of Liberty Global by 140.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock valued at $17,059,000 after purchasing an additional 832,838 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Liberty Global by 12.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 864,489 shares of the company’s stock valued at $10,158,000 after purchasing an additional 93,382 shares during the last quarter. Finally, Elgethun Capital Management boosted its stake in Liberty Global by 2.7% in the 2nd quarter. Elgethun Capital Management now owns 843,187 shares of the company’s stock worth $8,693,000 after purchasing an additional 22,291 shares in the last quarter. 46.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 33,220 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $11.18, for a total value of $371,399.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 9.86% of the stock is currently owned by corporate insiders.

Liberty Global Trading Down 1.8%

Shares of NASDAQ:LBTYK opened at $12.36 on Friday. The business has a 50-day moving average price of $11.26 and a 200-day moving average price of $11.33. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of -0.59 and a beta of 0.98. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $13.12.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($8.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($8.29). Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.23 billion.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Friday, November 28th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Liberty Global Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.