Keating Investment Counselors Inc. Has $5.51 Million Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Keating Investment Counselors Inc. boosted its stake in Liberty Global Ltd. (NASDAQ:LBTYK) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 418,972 shares of the company’s stock after purchasing an additional 13,049 shares during the period. Liberty Global comprises approximately 1.7% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its 16th biggest position. Keating Investment Counselors Inc. owned approximately 0.12% of Liberty Global worth $5,505,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LBTYK. Wilmington Savings Fund Society FSB bought a new stake in shares of Liberty Global in the 3rd quarter valued at $15,636,000. Sequoia Financial Advisors LLC bought a new position in shares of Liberty Global in the 3rd quarter worth about $7,471,000. Hall Kathryn A. acquired a new position in shares of Liberty Global in the 3rd quarter valued at about $5,262,000. ABC Arbitrage SA bought a new stake in shares of Liberty Global during the 4th quarter valued at about $1,803,000. Finally, State Street Corp grew its stake in Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after purchasing an additional 131,875 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.86% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYK opened at $11.31 on Tuesday. The firm has a market capitalization of $4.04 billion, a P/E ratio of -1.11 and a beta of 1.19. The firm’s 50-day moving average price is $12.48 and its 200-day moving average price is $16.80. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global Ltd. has a 1-year low of $11.21 and a 1-year high of $22.14.

Analysts Set New Price Targets

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

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.