Aster Capital Management DIFC Ltd Invests $108,000 in Liberty Global Ltd. (NASDAQ:LBTYK)

Aster Capital Management DIFC Ltd purchased a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,250 shares of the company’s stock, valued at approximately $108,000.

A number of other large investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. increased its stake in shares of Liberty Global by 31.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,345,019 shares of the company’s stock valued at $43,954,000 after acquiring an additional 807,953 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Liberty Global in the third quarter valued at $15,636,000. American Century Companies Inc. raised its holdings in shares of Liberty Global by 7,017.5% during the fourth quarter. American Century Companies Inc. now owns 700,362 shares of the company’s stock valued at $9,203,000 after purchasing an additional 690,522 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock worth $45,786,000 after purchasing an additional 553,947 shares in the last quarter. Finally, Candriam S.C.A. grew 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 valued at $14,744,000 after buying an additional 540,486 shares during the period. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Liberty Global Price Performance

Shares of LBTYK opened at $10.40 on Wednesday. The business’s fifty day moving average is $11.75 and its 200 day moving average is $14.69. Liberty Global Ltd. has a 12-month low of $10.18 and a 12-month high of $22.14. 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 stock has a market cap of $3.63 billion, a P/E ratio of 2.48 and a beta of 1.19.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.86) by $7.19. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates 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.