Liberty Global (NASDAQ:LBTYK) was upgraded by analysts at TheStreet from a “d” rating to a “c-” rating in a research report issued to clients and investors on Thursday, TheStreetRatingsTable reports.
LBTYK has been the topic of several other reports. BidaskClub raised Liberty Global from a “hold” rating to a “buy” rating in a research report on Tuesday, September 17th. Evercore ISI reissued a “buy” rating and set a $33.00 price target on shares of Liberty Global in a research report on Thursday, August 8th.
Shares of NASDAQ:LBTYK traded down $0.02 during midday trading on Thursday, hitting $23.45. 1,643,900 shares of the stock were exchanged, compared to its average volume of 3,442,300. The company has a 50 day moving average price of $23.92 and a 200-day moving average price of $25.42. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 7.15. Liberty Global has a twelve month low of $19.24 and a twelve month high of $27.84.
Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.50) EPS for the quarter. The company had revenue of $2.85 billion for the quarter. Liberty Global had a negative return on equity of 26.88% and a net margin of 9.11%.
Several institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP increased its holdings in shares of Liberty Global by 23.9% in the 1st quarter. First Trust Advisors LP now owns 170,885 shares of the company’s stock valued at $4,137,000 after acquiring an additional 32,952 shares during the last quarter. Amundi Pioneer Asset Management Inc. increased its holdings in shares of Liberty Global by 2.9% in the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 182,142 shares of the company’s stock valued at $4,409,000 after acquiring an additional 5,141 shares during the last quarter. Sanders Morris Harris LLC bought a new stake in shares of Liberty Global in the 2nd quarter valued at approximately $298,000. XR Securities LLC bought a new stake in shares of Liberty Global in the 2nd quarter valued at approximately $237,000. Finally, Moon Capital Management LLC increased its holdings in shares of Liberty Global by 14.3% in the 2nd quarter. Moon Capital Management LLC now owns 94,240 shares of the company’s stock valued at $2,500,000 after acquiring an additional 11,765 shares during the last quarter. 58.55% of the stock is currently owned by institutional investors.
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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