Deltroit Asset Management UK LLP Takes $21.32 Million Position in Liberty Global Ltd $LBTYK

Deltroit Asset Management UK LLP acquired a new stake in shares of Liberty Global Ltd (NASDAQ:LBTYK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,931,112 shares of the company’s stock, valued at approximately $21,319,000. Liberty Global comprises 3.1% of Deltroit Asset Management UK LLP’s holdings, making the stock its 8th largest holding. Deltroit Asset Management UK LLP owned 0.57% of Liberty Global as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rubric Capital Management LP grew its holdings in shares of Liberty Global by 38.0% in the third quarter. Rubric Capital Management LP now owns 4,538,570 shares of the company’s stock valued at $53,328,000 after purchasing an additional 1,248,781 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Liberty Global by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 3,566,556 shares of the company’s stock valued at $41,907,000 after purchasing an additional 78,262 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Liberty Global by 36.9% in the third quarter. American Century Companies Inc. now owns 2,519,167 shares of the company’s stock valued at $29,600,000 after purchasing an additional 678,674 shares in the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Liberty Global in the second quarter valued at $21,833,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Liberty Global by 140.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock valued at $17,059,000 after purchasing an additional 832,838 shares in the last quarter. Institutional investors own 46.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LBTYK. Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Wall Street Zen raised shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $11.33 on Friday. The company has a market capitalization of $3.83 billion, a PE ratio of -0.71 and a beta of 0.88. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. The company has a 50-day simple moving average of $11.73 and a two-hundred day simple moving average of $11.45. Liberty Global Ltd has a one year low of $9.73 and a one year high of $13.12.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results on Friday, May 1st. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion.

Liberty Global 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.