Aire Advisors LLC Buys 42,000 Shares of Liberty Global Ltd. (NASDAQ:LBTYK)

Aire Advisors LLC raised its position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 280.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,000 shares of the company’s stock after acquiring an additional 42,000 shares during the quarter. Aire Advisors LLC’s holdings in Liberty Global were worth $749,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in LBTYK. State Street Corp increased its stake in Liberty Global by 3.6% during the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company’s stock valued at $82,062,000 after purchasing an additional 131,875 shares in the last quarter. Rubric Capital Management LP increased its holdings in Liberty Global by 0.3% in the 3rd quarter. Rubric Capital Management LP now owns 3,522,428 shares of the company’s stock worth $76,120,000 after buying an additional 11,424 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Liberty Global by 18.9% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock valued at $45,786,000 after purchasing an additional 553,947 shares during the last quarter. Candriam S.C.A. boosted its stake in shares of Liberty Global by 92.9% in the 4th quarter. Candriam S.C.A. now owns 1,122,072 shares of the company’s stock worth $14,744,000 after buying an additional 540,486 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Liberty Global in the third quarter valued at about $15,636,000. Institutional investors own 46.10% of the company’s stock.

Insider Activity

In other Liberty Global news, major shareholder Nicholas V. Tompras sold 57,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the transaction, the insider now owns 16,153 shares in the company, valued at $209,019.82. This trade represents a 77.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 9.86% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYK opened at $12.02 on Tuesday. The business has a 50-day simple moving average of $11.89 and a two-hundred day simple moving average of $15.42. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 52 week low of $10.83 and a 52 week high of $22.14. The stock 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 announced its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (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 Ratings Changes

Separately, StockNews.com initiated coverage on shares of Liberty Global in a research report on Friday, January 17th. They set a “hold” rating for the company.

About Liberty Global

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.