VisionPoint Advisory Group LLC reduced its position in Liberty Global Ltd. (NASDAQ:LBTYK – Free Report) by 17.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,477 shares of the company’s stock after selling 14,784 shares during the quarter. VisionPoint Advisory Group LLC’s holdings in Liberty Global were worth $930,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in LBTYK. Deseret Mutual Benefit Administrators boosted its position in shares of Liberty Global by 22.5% during the third quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock worth $68,000 after buying an additional 578 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Liberty Global by 1.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company’s stock worth $1,355,000 after buying an additional 607 shares during the period. US Bancorp DE boosted its position in shares of Liberty Global by 124.9% during the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock worth $47,000 after buying an additional 1,200 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of Liberty Global by 10.0% during the third quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company’s stock worth $465,000 after buying an additional 1,959 shares during the period. Finally, R Squared Ltd acquired a new position in shares of Liberty Global during the fourth quarter worth approximately $28,000. 46.10% of the stock is owned by institutional investors.
Insider Activity
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 of the company’s stock, valued at $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 available through this hyperlink. Also, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 9.86% of the company’s stock.
Liberty Global Stock Performance
Liberty Global (NASDAQ:LBTYK – Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, beating analysts’ consensus estimates of ($0.86) by $7.19. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on Liberty Global in a research report on Friday, January 17th. They issued a “hold” rating for the company.
View Our Latest Stock Report on Liberty Global
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.
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