Picton Mahoney Asset Management Buys Shares of 42,425 Liberty Global Ltd. (NASDAQ:LBTYK)

Picton Mahoney Asset Management bought a new stake in Liberty Global Ltd. (NASDAQ:LBTYK) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 42,425 shares of the company’s stock, valued at approximately $558,000.

Several other large investors also recently added to or reduced their stakes in LBTYK. US Bancorp DE grew its holdings in shares of Liberty Global by 40.3% during the 4th quarter. US Bancorp DE now owns 3,032 shares of the company’s stock worth $40,000 after purchasing an additional 871 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Liberty Global by 10.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company’s stock worth $465,000 after purchasing an additional 1,959 shares during the period. R Squared Ltd purchased a new position in shares of Liberty Global during the 4th quarter worth $28,000. HighTower Advisors LLC grew its holdings in shares of Liberty Global by 7.4% during the 4th quarter. HighTower Advisors LLC now owns 43,609 shares of the company’s stock worth $573,000 after purchasing an additional 3,002 shares during the period. Finally, Point72 Asset Management L.P. grew its holdings in shares of Liberty Global by 52.2% during the 3rd quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company’s stock worth $201,000 after purchasing an additional 3,196 shares during the period. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $12.03 on Friday. The business has a 50-day moving average of $11.95 and a 200 day moving average of $15.77. Liberty Global Ltd. has a 12 month low of $10.83 and a 12 month high of $22.14. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 2.87 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating 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 company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Liberty Global

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. This trade represents a 77.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.86% of the stock is owned by corporate insiders.

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.