Virtu Financial LLC Grows Position in Liberty Global Ltd $LBTYK

Virtu Financial LLC lifted its stake in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 112.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 92,853 shares of the company’s stock after purchasing an additional 49,195 shares during the quarter. Virtu Financial LLC’s holdings in Liberty Global were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in shares of Liberty Global by 76,160.0% in the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock valued at $46,000 after purchasing an additional 3,808 shares during the period. AlphaCore Capital LLC raised its position in Liberty Global by 180.7% during the 4th quarter. AlphaCore Capital LLC now owns 4,604 shares of the company’s stock worth $51,000 after buying an additional 2,964 shares during the last quarter. CWM LLC increased its stake in shares of Liberty Global by 28.1% in the fourth quarter. CWM LLC now owns 5,855 shares of the company’s stock worth $65,000 after acquiring an additional 1,286 shares during the period. Evergreen Capital Management LLC purchased a new position in shares of Liberty Global during the fourth quarter worth $119,000. Finally, Parallel Advisors LLC boosted its holdings in Liberty Global by 33.7% in the fourth quarter. Parallel Advisors LLC now owns 11,450 shares of the company’s stock valued at $126,000 after purchasing an additional 2,885 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Wall Street Zen raised shares of Liberty Global from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Liberty Global Price Performance

LBTYK stock opened at $10.79 on Monday. The company has a market cap of $3.65 billion, a price-to-earnings ratio of -0.67 and a beta of 0.88. The firm has a 50-day moving average of $11.64 and a two-hundred day moving average of $11.47. Liberty Global Ltd has a 12 month low of $9.73 and a 12 month high of $13.12. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion.

Insider Buying and Selling

In related news, Director J David Wargo sold 55,000 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total transaction of $634,700.00. Following the transaction, the director owned 53,876 shares of the company’s stock, valued at approximately $621,729.04. This represents a 50.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.86% of the stock is owned by company insiders.

Liberty Global Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.