First Wilshire Securities Management Inc. Sells 8,563 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

First Wilshire Securities Management Inc. decreased its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 465,123 shares of the company’s stock after selling 8,563 shares during the period. Liberty Global comprises about 1.6% of First Wilshire Securities Management Inc.’s investment portfolio, making the stock its 22nd biggest holding. First Wilshire Securities Management Inc. owned 0.13% of Liberty Global worth $6,112,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. R Squared Ltd purchased a new position in shares of Liberty Global during the fourth quarter valued at approximately $28,000. US Bancorp DE raised 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 valued at $40,000 after buying an additional 871 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Liberty Global during the 4th quarter valued at $63,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of Liberty Global in the 4th quarter worth $66,000. Finally, Cibc World Markets Corp bought a new stake in shares of Liberty Global in the fourth quarter worth $77,000. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Stock Performance

LBTYK opened at $11.91 on Wednesday. The company’s 50 day moving average is $11.89 and its 200 day moving average is $15.07. 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 company has a market cap of $4.15 billion, a price-to-earnings ratio of 2.84 and a beta of 1.22. Liberty Global Ltd. has a 12-month low of $10.83 and a 12-month high of $22.14.

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

Analyst Upgrades and Downgrades

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

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.