JPMorgan Chase & Co. Decreases Position in Liberty Global Ltd. (NASDAQ:LBTYK)

JPMorgan Chase & Co. lowered its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 14.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 297,905 shares of the company’s stock after selling 51,660 shares during the quarter. JPMorgan Chase & Co.’s holdings in Liberty Global were worth $3,846,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE increased its holdings in shares of Liberty Global by 40.3% in the fourth quarter. US Bancorp DE now owns 3,032 shares of the company’s stock valued at $40,000 after purchasing an additional 871 shares during the period. R Squared Ltd purchased a new position in Liberty Global in the fourth quarter valued at $28,000. HighTower Advisors LLC raised its position in shares of Liberty Global by 7.4% in the fourth quarter. HighTower Advisors LLC now owns 43,609 shares of the company’s stock worth $573,000 after acquiring an additional 3,002 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Liberty Global in the fourth quarter valued at approximately $63,000. Finally, Empowered Funds LLC increased its position in shares of Liberty Global by 2.5% in the fourth quarter. Empowered Funds LLC now owns 184,854 shares of the company’s stock valued at $2,429,000 after buying an additional 4,514 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Stock Performance

NASDAQ LBTYK opened at $11.05 on Monday. The stock’s 50 day simple moving average is $11.64 and its 200-day simple moving average is $14.01. 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 has a market cap of $3.85 billion, a PE ratio of 2.64 and a beta of 1.19. Liberty Global Ltd. has a 1-year low of $10.18 and a 1-year high of $22.14.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping analysts’ consensus estimates of ($0.86) by $7.19. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion.

Analysts Set New Price Targets

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

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.