GAMMA Investing LLC Buys 6,035 Shares of Liberty Global Ltd (NASDAQ:LBTYK)

GAMMA Investing LLC lifted its stake in shares of Liberty Global Ltd (NASDAQ:LBTYK) by 1,176.4% in the first quarter, HoldingsChannel.com reports. The fund owned 6,548 shares of the company’s stock after acquiring an additional 6,035 shares during the quarter. GAMMA Investing LLC’s holdings in Liberty Global were worth $78,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Deutsche Bank AG boosted its stake in shares of Liberty Global by 221.4% during the 4th quarter. Deutsche Bank AG now owns 53,911 shares of the company’s stock valued at $708,000 after purchasing an additional 37,135 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Liberty Global by 14.4% during 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. Oppenheimer Asset Management Inc. boosted its holdings in Liberty Global by 18.9% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 3,484,494 shares of the company’s stock worth $45,786,000 after purchasing an additional 553,947 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Liberty Global by 17.6% in the fourth quarter. Sequoia Financial Advisors LLC now owns 406,644 shares of the company’s stock worth $5,343,000 after purchasing an additional 60,922 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of Liberty Global during the 4th quarter worth $169,000. 46.10% of the stock is owned by institutional investors.

Liberty Global Stock Up 1.5%

LBTYK opened at $10.26 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.95 and a current ratio of 0.95. Liberty Global Ltd has a fifty-two week low of $9.21 and a fifty-two week high of $22.14. The firm’s fifty day moving average is $10.21 and its 200 day moving average is $11.46. The stock has a market cap of $3.58 billion, a price-to-earnings ratio of -10.58 and a beta of 1.08.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.71) by ($3.13). Liberty Global had a negative net margin of 4.25% and a negative return on equity of 1.15%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.08 billion.

Liberty Global 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.