Rhumbline Advisers Decreases Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Rhumbline Advisers reduced its position in Liberty Global Ltd. (NASDAQ:LBTYK) by 2.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 159,296 shares of the company’s stock after selling 4,444 shares during the period. Rhumbline Advisers’ holdings in Liberty Global were worth $2,093,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in LBTYK. State Street Corp raised its position in shares of Liberty Global by 3.6% in 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. Wilmington Savings Fund Society FSB purchased a new position in shares of Liberty Global in the third quarter worth $15,636,000. JPMorgan Chase & Co. lifted its stake in shares of Liberty Global by 34.1% during the third quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company’s stock worth $7,554,000 after buying an additional 88,975 shares during the period. Virtu Financial LLC purchased a new stake in shares of Liberty Global during the third quarter valued at $1,551,000. Finally, Janney Montgomery Scott LLC increased its position in shares of Liberty Global by 22.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock valued at $7,377,000 after acquiring an additional 102,429 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 9.86% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

Liberty Global Trading Down 0.3 %

Liberty Global stock opened at $12.07 on Tuesday. The stock has a 50-day moving average price of $12.14 and a 200 day moving average price of $16.22. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 2.88 and a beta of 1.19. Liberty Global Ltd. has a 52 week low of $10.83 and a 52 week high of $22.14. 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 (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 business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.

Liberty Global 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.