Oppenheimer Asset Management Inc. Has $42.69 Million Stock Holdings in Liberty Global Ltd $LBTYK

Oppenheimer Asset Management Inc. cut its holdings in Liberty Global Ltd (NASDAQ:LBTYK) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,866,996 shares of the company’s stock after selling 224,781 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Liberty Global were worth $42,692,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LBTYK. American Century Companies Inc. increased its position in Liberty Global by 36.9% during the third quarter. American Century Companies Inc. now owns 2,519,167 shares of the company’s stock worth $29,600,000 after purchasing an additional 678,674 shares during the last quarter. Jain Global LLC increased its stake in Liberty Global by 4,520.6% during the third quarter. Jain Global LLC now owns 536,125 shares of the company’s stock worth $6,299,000 after acquiring an additional 524,522 shares during the last quarter. Luxor Capital Group LP increased its stake in Liberty Global by 32.5% during the third quarter. Luxor Capital Group LP now owns 705,916 shares of the company’s stock worth $8,295,000 after acquiring an additional 173,200 shares during the last quarter. M&T Bank Corp increased its stake in Liberty Global by 481.6% during the fourth quarter. M&T Bank Corp now owns 111,562 shares of the company’s stock worth $1,232,000 after acquiring an additional 92,379 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Liberty Global by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 3,566,556 shares of the company’s stock worth $41,907,000 after acquiring an additional 78,262 shares during the last quarter. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Price Performance

Liberty Global stock opened at $11.34 on Friday. The firm has a fifty day moving average of $11.94 and a 200-day moving average of $11.34. Liberty Global Ltd has a 52-week low of $9.21 and a 52-week high of $13.12. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $3.80 billion, a P/E ratio of -0.55 and a beta of 0.97.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Wednesday, February 18th. The company reported ($8.60) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($8.29). Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion.

About Liberty Global

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra?fast broadband, pay television, voice services and mobile offerings.