Stifel Financial Corp Invests $217,000 in Liberty Global Ltd. (NASDAQ:LBTYK)

Stifel Financial Corp purchased a new stake in shares of Liberty Global Ltd. (NASDAQ:LBTYK) in the 4th quarter, Holdings Channel reports. The fund purchased 16,539 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its position in shares of Liberty Global by 14.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,305,471 shares of the company’s stock valued at $82,852,000 after buying an additional 796,034 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in shares of Liberty Global by 22.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock valued at $7,377,000 after purchasing an additional 102,429 shares during the last quarter. ABC Arbitrage SA acquired a new stake in shares of Liberty Global during the 4th quarter valued at $1,803,000. Oppenheimer Asset Management Inc. boosted its holdings in shares of Liberty Global by 18.9% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock valued at $45,786,000 after acquiring an additional 553,947 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in Liberty Global by 17.6% during the 4th quarter. Sequoia Financial Advisors LLC now owns 406,644 shares of the company’s stock worth $5,343,000 after buying an additional 60,922 shares during the period. Institutional investors and hedge funds own 46.10% of the company’s stock.

Analysts Set New Price Targets

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

Liberty Global Stock Performance

LBTYK stock opened at $10.26 on Friday. The business has a 50 day moving average of $11.11 and a 200-day moving average of $12.67. Liberty Global Ltd. has a 12-month low of $9.21 and a 12-month high of $22.14. The firm has a market cap of $3.58 billion, a PE ratio of 2.45 and a beta of 1.18. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65.

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

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.