Kestra Investment Management LLC Acquires New Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Kestra Investment Management LLC acquired a new stake in Liberty Global Ltd. (NASDAQ:LBTYK) in the fourth quarter, HoldingsChannel reports. The firm acquired 6,534 shares of the company’s stock, valued at approximately $86,000.

A number of other large investors have also added to or reduced their stakes in LBTYK. CWM LLC raised its holdings in Liberty Global by 1,159.4% in the 3rd quarter. CWM LLC now owns 6,272 shares of the company’s stock valued at $136,000 after buying an additional 5,774 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Liberty Global by 1.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company’s stock valued at $1,355,000 after purchasing an additional 607 shares during the period. DekaBank Deutsche Girozentrale increased its position in Liberty Global by 296.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 31,522 shares of the company’s stock valued at $668,000 after purchasing an additional 23,568 shares during the period. Autumn Glory Partners LLC increased its position in Liberty Global by 100.0% during the 3rd quarter. Autumn Glory Partners LLC now owns 39,460 shares of the company’s stock valued at $853,000 after purchasing an additional 19,730 shares during the period. Finally, US Bancorp DE increased its position in Liberty Global by 124.9% during the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after purchasing an additional 1,200 shares during the period. Institutional investors own 46.10% of the company’s stock.

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the sale, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. This trade represents a 61.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the completion of the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The disclosure for this sale can be found here. Insiders own 9.86% of the company’s stock.

Liberty Global Stock Performance

NASDAQ:LBTYK opened at $11.88 on Friday. The company has a market capitalization of $4.25 billion, a PE ratio of 2.84 and a beta of 1.19. The company has a 50 day simple moving average of $12.35 and a two-hundred day simple moving average of $16.65. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. Liberty Global Ltd. has a fifty-two week low of $10.83 and a fifty-two week high of $22.14.

Liberty Global (NASDAQ:LBTYK) last released its earnings results 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. The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.04%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started 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.