State of New Jersey Common Pension Fund D Raises Stock Position in Liberty Global Ltd. (NASDAQ:LBTYK)

State of New Jersey Common Pension Fund D raised its holdings in Liberty Global Ltd. (NASDAQ:LBTYK) by 23.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 166,955 shares of the company’s stock after purchasing an additional 32,083 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Liberty Global were worth $3,112,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Handelsbanken Fonder AB grew its stake in shares of Liberty Global by 100.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 291,438 shares of the company’s stock worth $5,409,000 after purchasing an additional 145,719 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Liberty Global by 65.7% during the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 185,853 shares of the company’s stock worth $3,449,000 after buying an additional 73,700 shares in the last quarter. Brown Advisory Inc. acquired a new stake in Liberty Global during the third quarter valued at $245,000. Keating Investment Counselors Inc. increased its holdings in Liberty Global by 12.4% in the third quarter. Keating Investment Counselors Inc. now owns 517,176 shares of the company’s stock valued at $9,599,000 after buying an additional 57,181 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Liberty Global by 47.8% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 426,380 shares of the company’s stock worth $7,914,000 after acquiring an additional 137,961 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently commented on LBTYK. TheStreet upgraded Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th. StockNews.com lowered Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, March 5th.

Liberty Global Price Performance

Shares of NASDAQ LBTYK opened at $16.85 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a fifty day moving average of $17.82 and a 200 day moving average of $18.16. The firm has a market cap of $6.36 billion, a PE ratio of -1.80 and a beta of 1.13. Liberty Global Ltd. has a one year low of $16.26 and a one year high of $21.83.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Thursday, February 15th. The company reported ($8.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($7.97). The company had revenue of $1.92 billion for the quarter. Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%.

Insiders Place Their Bets

In related news, EVP Andrea Salvato sold 32,403 shares of the stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the transaction, the executive vice president now directly owns 102,286 shares of the company’s stock, valued at approximately $1,810,462.20. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Liberty Global news, Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the transaction, the director now directly owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Andrea Salvato sold 32,403 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the sale, the executive vice president now owns 102,286 shares of the company’s stock, valued at $1,810,462.20. The disclosure for this sale can be found here. In the last three months, insiders sold 113,629 shares of company stock worth $2,046,783. Corporate insiders own 9.86% of the company’s stock.

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.