Aire Advisors LLC Has $749,000 Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Aire Advisors LLC raised its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 280.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,000 shares of the company’s stock after acquiring an additional 42,000 shares during the period. Aire Advisors LLC’s holdings in Liberty Global were worth $749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE raised its holdings in Liberty Global by 40.3% in the 4th quarter. US Bancorp DE now owns 3,032 shares of the company’s stock valued at $40,000 after acquiring an additional 871 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of Liberty Global by 10.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company’s stock valued at $465,000 after buying an additional 1,959 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Liberty Global during the 4th quarter worth approximately $28,000. HighTower Advisors LLC lifted its holdings in shares of Liberty Global by 7.4% in the fourth quarter. HighTower Advisors LLC now owns 43,609 shares of the company’s stock worth $573,000 after acquiring an additional 3,002 shares during the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in Liberty Global by 52.2% in the 3rd quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company’s stock valued at $201,000 after purchasing an additional 3,196 shares during the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Insider Activity at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 9.86% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

Liberty Global Price Performance

LBTYK stock opened at $12.02 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The company’s fifty day simple moving average is $11.89 and its 200 day simple moving average is $15.42. 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 $4.19 billion, a price-to-earnings ratio of 2.87 and a beta of 1.22.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Tuesday, February 18th. The company reported $6.33 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.84 billion.

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.