Liberty Global (NASDAQ:LBTYK) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Liberty Global (NASDAQ:LBTYK) in a research note published on Tuesday. The brokerage issued a hold rating on the stock.

Liberty Global Stock Performance

Shares of LBTYK stock opened at $20.62 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.80. Liberty Global has a 12-month low of $16.03 and a 12-month high of $22.14. The business’s 50 day moving average is $20.96 and its two-hundred day moving average is $19.10. The company has a market capitalization of $7.54 billion, a P/E ratio of -4.45 and a beta of 1.13.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Tuesday, October 29th. The company reported ($3.95) earnings per share (EPS) for the quarter. The company had revenue of $1.94 billion during the quarter. Liberty Global had a negative net margin of 27.03% and a negative return on equity of 10.72%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its holdings in shares of Liberty Global by 151.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock worth $65,766,000 after buying an additional 2,219,823 shares during the last quarter. Rubric Capital Management LP increased its stake in Liberty Global by 85.4% during the second quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after acquiring an additional 1,617,711 shares during the last quarter. Oppenheimer Asset Management Inc. raised its position in Liberty Global by 18.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock valued at $52,303,000 after purchasing an additional 447,135 shares during the period. Long Focus Capital Management LLC grew its holdings in shares of Liberty Global by 39.7% during the 2nd quarter. Long Focus Capital Management LLC now owns 1,442,000 shares of the company’s stock worth $25,740,000 after purchasing an additional 410,000 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Liberty Global during the 3rd quarter worth about $7,471,000. 46.10% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Company 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.