M&T Bank Corp Has $1.23 Million Stock Holdings in Liberty Global Ltd $LBTYK

M&T Bank Corp increased its holdings in Liberty Global Ltd (NASDAQ:LBTYK) by 481.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,562 shares of the company’s stock after purchasing an additional 92,379 shares during the period. M&T Bank Corp’s holdings in Liberty Global were worth $1,232,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in LBTYK. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Liberty Global in the second quarter worth about $21,833,000. Rubric Capital Management LP raised its position in Liberty Global by 38.0% in the third quarter. Rubric Capital Management LP now owns 4,538,570 shares of the company’s stock worth $53,328,000 after purchasing an additional 1,248,781 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Liberty Global by 140.6% in the first quarter. Goldman Sachs Group Inc. now owns 1,425,149 shares of the company’s stock worth $17,059,000 after purchasing an additional 832,838 shares in the last quarter. American Century Companies Inc. raised its position in Liberty Global by 36.9% in the third quarter. American Century Companies Inc. now owns 2,519,167 shares of the company’s stock worth $29,600,000 after purchasing an additional 678,674 shares in the last quarter. Finally, Jain Global LLC raised its position in Liberty Global by 4,520.6% in the third quarter. Jain Global LLC now owns 536,125 shares of the company’s stock worth $6,299,000 after purchasing an additional 524,522 shares in the last quarter. Institutional investors and hedge funds own 46.10% of the company’s stock.

Liberty Global Stock Performance

NASDAQ:LBTYK opened at $11.12 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $3.73 billion, a PE ratio of -0.53 and a beta of 0.97. Liberty Global Ltd has a 12-month low of $9.21 and a 12-month high of $13.12. The firm has a 50-day moving average price of $11.95 and a 200 day moving average price of $11.34.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Wednesday, February 18th. The company reported ($8.60) earnings per share for the quarter, missing the consensus estimate of ($0.31) by ($8.29). The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%.

Liberty Global Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra?fast broadband, pay television, voice services and mobile offerings.