VisionPoint Advisory Group LLC Reduces Stake in Liberty Global Ltd. (NASDAQ:LBTYK)

VisionPoint Advisory Group LLC reduced its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 17.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,477 shares of the company’s stock after selling 14,784 shares during the period. VisionPoint Advisory Group LLC’s holdings in Liberty Global were worth $930,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. State Street Corp increased its position 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 buying an additional 131,875 shares in the last quarter. Rubric Capital Management LP increased its position in Liberty Global by 0.3% during the third quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock worth $76,120,000 after buying an additional 11,424 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Liberty Global during the third quarter worth $15,636,000. Janney Montgomery Scott LLC increased its position in Liberty Global by 22.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock worth $7,377,000 after buying an additional 102,429 shares in the last quarter. Finally, Atria Investments Inc grew its position in shares of Liberty Global by 1.7% in the third quarter. Atria Investments Inc now owns 444,135 shares of the company’s stock valued at $9,598,000 after purchasing an additional 7,284 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Price Performance

Shares of NASDAQ:LBTYK opened at $11.88 on Friday. The company has a market cap of $4.25 billion, a P/E ratio of 2.84 and a beta of 1.19. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 52 week low of $10.83 and a 52 week high of $22.14. The business has a fifty day simple moving average of $12.31 and a 200-day simple moving average of $16.61.

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

Insider Activity at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction dated 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 owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % 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, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s 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 transaction, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. This represents a 77.92 % decrease in their position. The disclosure for this sale can be found here. 9.86% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Liberty Global in a research report on Friday, January 17th. They issued 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.