Atria Investments Inc Boosts Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Atria Investments Inc grew its stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) by 34.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 596,981 shares of the company’s stock after purchasing an additional 152,846 shares during the quarter. Atria Investments Inc’s holdings in Liberty Global were worth $7,844,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in Liberty Global in the third quarter valued at approximately $15,636,000. Oppenheimer Asset Management Inc. boosted its position in Liberty Global by 18.9% in 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. Hall Kathryn A. purchased a new stake in Liberty Global in the 3rd quarter worth approximately $5,262,000. ABC Arbitrage SA purchased a new stake in Liberty Global in the 4th quarter worth approximately $1,803,000. Finally, State Street Corp boosted its position in Liberty Global by 3.6% in the 3rd quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after purchasing an additional 131,875 shares in the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the transaction, the insider now directly owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 9.86% of the company’s stock.

Liberty Global Trading Up 2.4 %

Shares of NASDAQ:LBTYK opened at $12.13 on Thursday. Liberty Global Ltd. has a 1 year low of $10.83 and a 1 year high of $22.14. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of 2.89 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The business’s 50 day moving average price is $12.11 and its 200-day moving average price is $16.14.

Liberty Global (NASDAQ:LBTYK) last announced its earnings results 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 firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.84 billion.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Liberty Global in a research 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.