181,078 Shares in Liberty Global Ltd. (NASDAQ:LBTYK) Purchased by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC purchased a new position in Liberty Global Ltd. (NASDAQ:LBTYK) in the fourth quarter, Holdings Channel reports. The fund purchased 181,078 shares of the company’s stock, valued at approximately $2,379,000.

A number of other hedge funds have also bought and sold shares of LBTYK. R Squared Ltd bought a new stake in Liberty Global during the fourth quarter valued at $28,000. US Bancorp DE raised its position in shares of 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. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Liberty Global during the 4th quarter worth approximately $63,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Global during the 4th quarter worth approximately $66,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Liberty Global during the 4th quarter worth approximately $86,000. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Liberty Global Trading Up 0.1%

Shares of NASDAQ:LBTYK opened at $9.51 on Monday. The company has a market cap of $3.32 billion, a PE ratio of 2.27 and a beta of 1.18. The company’s 50-day moving average price is $11.30 and its 200 day moving average price is $12.87. Liberty Global Ltd. has a fifty-two week low of $9.21 and a fifty-two 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 results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.71) by ($3.13). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 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.