Proficio Capital Partners LLC Takes $370,000 Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Proficio Capital Partners LLC purchased a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 28,159 shares of the company’s stock, valued at approximately $370,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in shares of Liberty Global during the fourth quarter worth approximately $28,000. US Bancorp DE boosted its stake in Liberty Global by 40.3% during the 4th quarter. US Bancorp DE now owns 3,032 shares of the company’s stock worth $40,000 after purchasing an additional 871 shares during the period. MassMutual Private Wealth & Trust FSB purchased a new position in Liberty Global during the 4th quarter worth $66,000. Kestra Investment Management LLC acquired a new position in Liberty Global in the fourth quarter valued at $86,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Liberty Global in the fourth quarter valued at about $169,000. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Liberty Global

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’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 sale, the insider now directly owns 16,153 shares in the company, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 9.86% of the company’s stock.

Liberty Global Trading Down 0.7 %

NASDAQ:LBTYK opened at $11.94 on Wednesday. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The stock’s 50 day simple moving average is $11.89 and its 200-day simple moving average is $15.36. Liberty Global Ltd. has a 12-month low of $10.83 and a 12-month high of $22.14. The firm has a market cap of $4.16 billion, a P/E ratio of 2.85 and a beta of 1.22.

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

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.