VIRGINIA RETIREMENT SYSTEMS ET Al Takes $1.80 Million Position in Liberty Global Ltd $LBTYK

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Liberty Global Ltd (NASDAQ:LBTYK) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 162,550 shares of the company’s stock, valued at approximately $1,795,000.

Other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in shares of Liberty Global by 76,160.0% in the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock valued at $46,000 after buying an additional 3,808 shares in the last quarter. CWM LLC boosted its stake in shares of Liberty Global by 195.3% in the third quarter. CWM LLC now owns 4,569 shares of the company’s stock valued at $54,000 after buying an additional 3,022 shares in the last quarter. Evergreen Capital Management LLC purchased a new stake in shares of Liberty Global in the fourth quarter valued at approximately $119,000. US Bancorp DE boosted its position in Liberty Global by 161.6% during the third quarter. US Bancorp DE now owns 10,792 shares of the company’s stock worth $127,000 after purchasing an additional 6,667 shares in the last quarter. Finally, M&T Bank Corp purchased a new stake in Liberty Global during the second quarter worth $141,000. 46.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Liberty Global Stock Up 0.7%

Shares of NASDAQ:LBTYK opened at $11.34 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global Ltd has a 52-week low of $9.65 and a 52-week high of $13.12. The stock’s fifty day simple moving average is $11.81 and its 200-day simple moving average is $11.38. The company has a market capitalization of $3.83 billion, a P/E ratio of -0.71 and a beta of 0.87.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $1.31. The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.

Liberty Global Company Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.