Bridgefront Capital LLC Makes New $184,000 Investment in Liberty Global Ltd. (NASDAQ:LBTYK)

Bridgefront Capital LLC acquired a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 14,009 shares of the company’s stock, valued at approximately $184,000.

Other institutional investors have also recently made changes to their positions in the company. R Squared Ltd acquired a new position in Liberty Global during the 4th quarter valued at approximately $28,000. US Bancorp DE increased its position in shares of Liberty Global by 40.3% in the 4th quarter. US Bancorp DE now owns 3,032 shares of the company’s stock valued at $40,000 after acquiring an additional 871 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new position in Liberty Global in the 4th quarter worth $63,000. MassMutual Private Wealth & Trust FSB acquired a new stake in Liberty Global during the 4th quarter worth about $66,000. Finally, Cibc World Markets Corp purchased a new stake in Liberty Global during the 4th quarter valued at about $77,000. Institutional investors and hedge funds own 46.10% of the company’s stock.

Liberty Global Stock Performance

Shares of NASDAQ LBTYK opened at $9.50 on Friday. The company has a 50 day simple moving average of $11.34 and a two-hundred day simple moving average of $13.07. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 2.27 and a beta of 1.18. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. Liberty Global Ltd. has a 12 month low of $9.21 and a 12 month high of $22.14.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.71) by ($3.13). The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.

Analyst Ratings Changes

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

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.