Liberty Global Ltd. (NASDAQ:LBTYK) Shares Sold by Baupost Group LLC MA

Baupost Group LLC MA reduced its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 6.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,453,843 shares of the company’s stock after selling 2,857,168 shares during the period. Liberty Global makes up about 15.0% of Baupost Group LLC MA’s investment portfolio, making the stock its 2nd biggest position. Baupost Group LLC MA owned approximately 11.03% of Liberty Global worth $518,423,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. XTX Topco Ltd boosted its holdings in Liberty Global by 147.9% during the fourth quarter. XTX Topco Ltd now owns 46,416 shares of the company’s stock worth $610,000 after buying an additional 27,693 shares during the last quarter. Mariner LLC boosted its stake in Liberty Global by 30.8% during the 4th quarter. Mariner LLC now owns 607,608 shares of the company’s stock worth $7,984,000 after acquiring an additional 143,130 shares during the last quarter. Synovus Financial Corp acquired a new position in Liberty Global during the fourth quarter valued at approximately $345,000. Sterling Capital Management LLC increased its stake in Liberty Global by 60.3% in the fourth quarter. Sterling Capital Management LLC now owns 9,602 shares of the company’s stock valued at $126,000 after purchasing an additional 3,613 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Liberty Global in the fourth quarter worth $155,000. 46.10% of the stock is owned by institutional investors.

Liberty Global Trading Down 0.8 %

NASDAQ:LBTYK opened at $10.81 on Monday. 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 business’s 50-day simple moving average is $11.70 and its 200-day simple moving average is $14.39. Liberty Global Ltd. has a fifty-two week low of $10.18 and a fifty-two week high of $22.14. The stock has a market capitalization of $3.77 billion, a PE ratio of 2.58 and a beta of 1.19.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating 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 firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research report on Friday, January 17th. They issued a “hold” rating for the company.

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.