Capula Management Ltd Buys New Shares in Liberty Global Ltd $LBTYK

Capula Management Ltd bought a new position in shares of Liberty Global Ltd (NASDAQ:LBTYK) during the 3rd quarter, Holdings Channel.com reports. The firm bought 43,029 shares of the company’s stock, valued at approximately $506,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Allworth Financial LP grew its holdings in Liberty Global by 340.4% in the 2nd quarter. Allworth Financial LP now owns 3,404 shares of the company’s stock valued at $35,000 after buying an additional 2,631 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Liberty Global by 76,160.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after acquiring an additional 3,808 shares during the period. CWM LLC boosted its position in shares of Liberty Global by 195.3% in the third quarter. CWM LLC now owns 4,569 shares of the company’s stock worth $54,000 after acquiring an additional 3,022 shares during the last quarter. US Bancorp DE boosted its position in shares of Liberty Global by 161.6% in the third quarter. US Bancorp DE now owns 10,792 shares of the company’s stock worth $127,000 after acquiring an additional 6,667 shares during the last quarter. Finally, M&T Bank Corp purchased a new stake in Liberty Global in the second quarter valued at approximately $141,000. 46.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of Liberty Global from a “sell” rating to a “hold” rating in a research report on Friday, November 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

Liberty Global Price Performance

Shares of LBTYK stock opened at $11.91 on Friday. The firm has a fifty day simple moving average of $11.37 and a 200-day simple moving average of $11.34. The company has a market capitalization of $3.99 billion, a PE ratio of -0.57 and a beta of 0.98. Liberty Global Ltd has a twelve month low of $9.21 and a twelve month high of $13.12. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.79.

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

Liberty Global Profile

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.