US Bancorp DE Increases Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

US Bancorp DE boosted its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 40.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,032 shares of the company’s stock after acquiring an additional 871 shares during the quarter. US Bancorp DE’s holdings in Liberty Global were worth $40,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. State Street Corp raised its holdings in 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 acquiring an additional 131,875 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Liberty Global in the third quarter valued at approximately $15,636,000. JPMorgan Chase & Co. raised its holdings in Liberty Global by 34.1% in the third quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company’s stock valued at $7,554,000 after acquiring an additional 88,975 shares in the last quarter. Virtu Financial LLC acquired a new stake in Liberty Global in the third quarter valued at approximately $1,551,000. Finally, Janney Montgomery Scott LLC raised its holdings in Liberty Global by 22.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock valued at $7,377,000 after acquiring an additional 102,429 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Insider Transactions at Liberty Global

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the transaction, the insider now directly owns 16,153 shares in the company, valued at $209,019.82. This trade represents a 77.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 9.86% of the company’s stock.

Liberty Global Stock Down 0.1 %

LBTYK stock opened at $12.26 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The stock has a market cap of $4.28 billion, a P/E ratio of 2.93 and a beta of 1.22. The company’s 50 day moving average is $11.91 and its two-hundred day moving average is $15.64. Liberty Global Ltd. has a twelve month low of $10.83 and a twelve month high of $22.14.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results 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. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Liberty Global in a report on Friday, January 17th. They set a “hold” rating on the stock.

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.