Twin Capital Management Inc. Purchases New Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Twin Capital Management Inc. acquired a new position in Liberty Global Ltd. (NASDAQ:LBTYK) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 47,254 shares of the company’s stock, valued at approximately $621,000.

Other hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. raised its position 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 valued at $465,000 after buying an additional 1,959 shares in the last quarter. Point72 Asset Management L.P. raised its position in Liberty Global by 52.2% during the third quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company’s stock valued at $201,000 after purchasing an additional 3,196 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of Liberty Global by 37.4% in the 3rd quarter. Quantinno Capital Management LP now owns 78,439 shares of the company’s stock worth $1,695,000 after purchasing an additional 21,345 shares during the period. State Street Corp increased its position in shares of Liberty Global by 3.6% during the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company’s stock valued at $82,062,000 after purchasing an additional 131,875 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in Liberty Global during the 3rd quarter valued at $405,000. 46.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Liberty Global Stock Performance

Liberty Global stock opened at $10.54 on Tuesday. Liberty Global Ltd. has a 1-year low of $10.18 and a 1-year high of $22.14. 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 $3.68 billion, a P/E ratio of 2.52 and a beta of 1.19. The company’s 50-day moving average is $11.82 and its 200 day moving average is $14.80.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating the consensus estimate of ($0.86) by $7.19. The company had revenue of $1.12 billion for 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%.

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.