Pavion Blue Capital LLC trimmed its holdings in Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,817 shares of the company’s stock after selling 7,068 shares during the period. Pavion Blue Capital LLC’s holdings in Liberty Global were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the business. State Street Corp lifted its stake in shares of Liberty Global by 3.6% in the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock valued at $82,062,000 after buying an additional 131,875 shares in the last quarter. Rubric Capital Management LP lifted its stake in shares of Liberty Global by 0.3% in the third quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock valued at $76,120,000 after buying an additional 11,424 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Liberty Global during the third quarter valued at about $15,636,000. Janney Montgomery Scott LLC lifted its position in shares of Liberty Global by 22.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock valued at $7,377,000 after purchasing an additional 102,429 shares in the last quarter. Finally, Atria Investments Inc lifted its position in shares of Liberty Global by 1.7% during the third quarter. Atria Investments Inc now owns 444,135 shares of the company’s stock valued at $9,598,000 after purchasing an additional 7,284 shares in the last quarter. 46.10% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Liberty Global in a research report on Friday, January 17th. They set a “hold” rating on the stock.
Liberty Global Stock Up 0.3 %
LBTYK opened at $11.91 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The company’s 50-day moving average is $12.27 and its 200 day moving average is $16.55. Liberty Global Ltd. has a fifty-two week low of $10.83 and a fifty-two week high of $22.14. The firm has a market capitalization of $4.26 billion, a P/E ratio of 2.84 and a beta of 1.19.
Liberty Global (NASDAQ:LBTYK – Get Free Report) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.86) by $7.19. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion.
Insider Buying and Selling
In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % 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, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their position. The disclosure for this sale can be found here. 9.86% of the stock is currently owned by corporate insiders.
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.
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