IFM Investors Pty Ltd Invests $1.03 Million in Liberty Global Ltd. (NASDAQ:LBTYK)

IFM Investors Pty Ltd bought a new position in Liberty Global Ltd. (NASDAQ:LBTYKFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 55,239 shares of the company’s stock, valued at approximately $1,030,000.

Several other large investors have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in Liberty Global by 11.3% during the 1st quarter. Bank of New York Mellon Corp now owns 469,939 shares of the company’s stock worth $12,176,000 after buying an additional 47,558 shares in the last quarter. Bank of Montreal Can lifted its position in Liberty Global by 1.9% during the 1st quarter. Bank of Montreal Can now owns 26,282 shares of the company’s stock worth $694,000 after buying an additional 501 shares in the last quarter. BlackRock Inc. lifted its position in Liberty Global by 4.9% during the 1st quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock worth $374,293,000 after buying an additional 675,496 shares in the last quarter. Yousif Capital Management LLC lifted its position in Liberty Global by 13.2% during the 1st quarter. Yousif Capital Management LLC now owns 14,275 shares of the company’s stock worth $370,000 after buying an additional 1,665 shares in the last quarter. Finally, Aviva PLC lifted its position in Liberty Global by 78.8% during the 1st quarter. Aviva PLC now owns 106,799 shares of the company’s stock worth $2,767,000 after buying an additional 47,076 shares in the last quarter. Institutional investors own 49.90% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $17.39 on Friday. The stock has a 50-day moving average of $19.37 and a 200-day moving average of $18.40. Liberty Global Ltd. has a one year low of $16.26 and a one year high of $21.83. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30. The stock has a market cap of $6.57 billion, a PE ratio of -1.85 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYKGet Free Report) last posted its earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.26) by ($7.97). The business had revenue of $1.92 billion for the quarter. Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%.

Insider Activity

In other news, Director Paul A. Gould sold 50,000 shares of the stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $19.79, for a total value of $989,500.00. Following the completion of the sale, the director now owns 949,059 shares of the company’s stock, valued at approximately $18,781,877.61. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Liberty Global news, Director Paul A. Gould sold 50,000 shares of the firm’s stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $19.79, for a total transaction of $989,500.00. Following the completion of the sale, the director now owns 949,059 shares of the company’s stock, valued at approximately $18,781,877.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Jason Waldron sold 11,226 shares of the firm’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total value of $216,549.54. Following the sale, the chief accounting officer now directly owns 70,666 shares of the company’s stock, valued at approximately $1,363,147.14. The disclosure for this sale can be found here. In the last 90 days, insiders sold 101,226 shares of company stock valued at $1,942,250. 9.86% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th. StockNews.com downgraded shares of Liberty Global from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th.

Read Our Latest Report on LBTYK

Liberty Global Profile

(Free Report)

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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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYK)

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