Millennium Management LLC lessened its position in shares of Liberty Global (NASDAQ:LBTYK) by 81.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,353 shares of the company’s stock after selling 97,072 shares during the quarter. Millennium Management LLC’s holdings in Liberty Global were worth $756,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. First Capital Advisors Group LLC. acquired a new stake in shares of Liberty Global in the 4th quarter valued at approximately $203,000. Wealthstreet Investment Advisors LLC acquired a new position in Liberty Global during the fourth quarter worth $212,000. Pineno Levin & Ford Asset Management Inc. acquired a new position in Liberty Global during the fourth quarter worth $231,000. Teachers Advisors LLC raised its holdings in shares of Liberty Global by 208.6% in the fourth quarter. Teachers Advisors LLC now owns 8,144 shares of the company’s stock worth $276,000 after acquiring an additional 5,505 shares during the last quarter. Finally, Invictus RG acquired a new position in shares of Liberty Global in the fourth quarter worth $306,000. Hedge funds and other institutional investors own 59.98% of the company’s stock.
Separately, ValuEngine downgraded Liberty Global from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st.
LBTYK stock opened at $28.34 on Friday. Liberty Global has a 12-month low of $28.78 and a 12-month high of $29.27. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 6.79.
Liberty Global (NASDAQ:LBTYK) last issued its earnings results on Wednesday, February 14th. The company reported ($0.68) earnings per share for the quarter. Liberty Global had a negative return on equity of 35.66% and a negative net margin of 20.88%. The company had revenue of $3.99 billion during the quarter.
Liberty Global Company Profile
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
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