StockNews.com Downgrades Liberty Global (NASDAQ:LBTYK) to Sell

StockNews.com downgraded shares of Liberty Global (NASDAQ:LBTYK) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

Liberty Global Stock Performance

NASDAQ LBTYK opened at $19.86 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.80. The firm has a 50-day simple moving average of $18.07 and a 200 day simple moving average of $18.35. Liberty Global has a twelve month low of $16.03 and a twelve month high of $21.83.

Liberty Global (NASDAQ:LBTYK) last released its earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share for the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.57%. The business had revenue of $1.95 billion during the quarter.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC increased its holdings in shares of Liberty Global by 64.4% during the fourth quarter. V Square Quantitative Management LLC now owns 2,550 shares of the company’s stock worth $48,000 after buying an additional 999 shares in the last quarter. Bfsg LLC acquired a new stake in shares of Liberty Global during the fourth quarter worth approximately $60,000. Headlands Technologies LLC increased its holdings in shares of Liberty Global by 173.3% during the first quarter. Headlands Technologies LLC now owns 5,982 shares of the company’s stock worth $106,000 after buying an additional 3,793 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Liberty Global by 217.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 7,350 shares of the company’s stock worth $130,000 after buying an additional 5,037 shares in the last quarter. Finally, Central Pacific Bank Trust Division acquired a new stake in shares of Liberty Global during the first quarter worth approximately $198,000. Institutional investors and hedge funds own 46.10% of the company’s stock.

About Liberty Global

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.