Mariner LLC Increases Stock Holdings in Liberty Global Ltd. (NASDAQ:LBTYK)

Mariner LLC boosted its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 30.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 607,608 shares of the company’s stock after acquiring an additional 143,130 shares during the quarter. Mariner LLC’s holdings in Liberty Global were worth $7,984,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Liberty Global in the 3rd quarter worth about $15,636,000. JPMorgan Chase & Co. raised its holdings in Liberty Global by 34.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 349,565 shares of the company’s stock valued at $7,554,000 after buying an additional 88,975 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Liberty Global by 22.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock worth $7,377,000 after purchasing an additional 102,429 shares during the period. Virtu Financial LLC purchased a new stake in Liberty Global in the 3rd quarter worth approximately $1,551,000. Finally, ABC Arbitrage SA bought a new stake in shares of Liberty Global in the 4th quarter worth approximately $1,803,000. 46.10% of the stock is currently owned by institutional investors.

Liberty Global Price Performance

Shares of NASDAQ LBTYK opened at $11.05 on Friday. Liberty Global Ltd. has a 1 year low of $10.18 and a 1 year high of $22.14. The stock has a market capitalization of $3.85 billion, a P/E ratio of 2.64 and a beta of 1.19. The company’s 50-day moving average is $11.64 and its 200 day moving average is $14.12. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19.

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, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $1.84 billion.

Analyst Upgrades and Downgrades

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

Liberty Global Company 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.