Charles Schwab Investment Management Inc. Sells 5,032 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Charles Schwab Investment Management Inc. lessened its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,060,060 shares of the company’s stock after selling 5,032 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Liberty Global were worth $40,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in LBTYK. Wilmington Savings Fund Society FSB acquired a new position in Liberty Global during the third quarter valued at approximately $15,636,000. Oppenheimer Asset Management Inc. raised its holdings in shares of Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock worth $45,786,000 after buying an additional 553,947 shares in the last quarter. Hall Kathryn A. bought a new stake in shares of Liberty Global during the 3rd quarter worth $5,262,000. ABC Arbitrage SA acquired a new stake in Liberty Global in the fourth quarter valued at about $1,803,000. Finally, State Street Corp grew its position in Liberty Global by 3.6% in the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock valued at $82,062,000 after acquiring an additional 131,875 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Wall Street Analyst Weigh In

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

Insider Activity

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction 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 completion of the transaction, the insider now owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. This trade represents a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.86% of the company’s stock.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $12.03 on Friday. The company’s 50 day moving average price is $11.95 and its two-hundred day moving average price is $15.77. The firm has a market capitalization of $4.20 billion, a P/E ratio of 2.87 and a beta of 1.22. Liberty Global Ltd. has a fifty-two week low of $10.83 and a fifty-two week 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.

Liberty Global (NASDAQ:LBTYK) last announced its quarterly 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. The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations 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.