Liberty Global Ltd. (NASDAQ:LBTYK) Shares Purchased by Inceptionr LLC

Inceptionr LLC increased its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 255.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,798 shares of the company’s stock after acquiring an additional 43,704 shares during the period. Inceptionr LLC’s holdings in Liberty Global were worth $799,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its stake in Liberty Global by 3.6% during the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after acquiring an additional 131,875 shares in the last quarter. Rubric Capital Management LP lifted its stake in Liberty Global by 0.3% during the 3rd quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock worth $76,120,000 after acquiring an additional 11,424 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock worth $45,786,000 after acquiring an additional 553,947 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Liberty Global during the 3rd quarter worth about $15,636,000. Finally, Bank of New York Mellon Corp lifted its stake in Liberty Global by 2.3% during the 4th quarter. Bank of New York Mellon Corp now owns 668,832 shares of the company’s stock worth $8,788,000 after acquiring an additional 14,908 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction that occurred on 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 sale, the insider now owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 9.86% of the stock is owned by company insiders.

Liberty Global Price Performance

LBTYK stock opened at $12.21 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 firm has a market capitalization of $4.26 billion, a P/E ratio of 2.91 and a beta of 1.22. The business’s 50-day moving average is $12.07 and its two-hundred day moving average is $16.06. Liberty Global Ltd. has a 1 year low of $10.83 and a 1 year high of $22.14.

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

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.