Raymond James Financial Inc. Takes Position in Liberty Global Ltd. (NASDAQ:LBTYK)

Raymond James Financial Inc. acquired a new position in shares of Liberty Global Ltd. (NASDAQ:LBTYK) during the fourth quarter, HoldingsChannel reports. The firm acquired 11,759 shares of the company’s stock, valued at approximately $155,000.

Several other institutional investors have also added to or reduced their stakes in the stock. State Street Corp boosted its holdings in Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company’s stock worth $82,062,000 after purchasing an additional 131,875 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Liberty Global during the third quarter worth approximately $15,636,000. JPMorgan Chase & Co. raised its stake in Liberty Global by 34.1% in the third 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 period. Janney Montgomery Scott LLC lifted its position in shares of Liberty Global by 22.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 561,412 shares of the company’s stock valued at $7,377,000 after buying an additional 102,429 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Liberty Global during the 3rd quarter worth approximately $1,551,000. 46.10% of the stock is owned by institutional investors.

Liberty Global Price Performance

Shares of LBTYK opened at $10.81 on Friday. The company’s 50-day moving average is $11.70 and its 200-day moving average is $14.44. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The firm has a market capitalization of $3.77 billion, a PE ratio of 2.58 and a beta of 1.19. Liberty Global Ltd. has a fifty-two week low of $10.18 and a fifty-two week high of $22.14.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.86) by $7.19. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%.

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 on the stock.

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.