TheStreet upgraded shares of Liberty Global (NASDAQ:LBTYA) from a d rating to a c rating in a research note published on Thursday morning, TheStreetRatingsTable reports.
LBTYA has been the subject of a number of other research reports. New Street Research downgraded shares of Liberty Global from a buy rating to a neutral rating in a research report on Thursday, August 8th. Barclays downgraded shares of Liberty Global from an overweight rating to an equal weight rating and set a $30.00 price objective for the company. in a research report on Wednesday, September 25th. Benchmark reduced their price objective on shares of Liberty Global from $34.00 to $32.00 and set a buy rating for the company in a research report on Wednesday, October 23rd. HSBC downgraded shares of Liberty Global from a buy rating to a hold rating and set a $28.00 price target for the company. in a research report on Thursday, October 17th. Finally, BidaskClub upgraded shares of Liberty Global from a sell rating to a hold rating in a research report on Thursday, September 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of $29.36.
Shares of LBTYA stock traded down $0.02 during mid-day trading on Thursday, hitting $24.82. 1,401,900 shares of the stock were exchanged, compared to its average volume of 1,999,638. The company has a debt-to-equity ratio of 7.15, a quick ratio of 0.39 and a current ratio of 0.39. The stock has a market capitalization of $18.55 billion, a price-to-earnings ratio of -12.60 and a beta of 1.46. Liberty Global has a 12-month low of $19.88 and a 12-month high of $28.62. The stock’s fifty day simple moving average is $25.00 and its two-hundred day simple moving average is $26.15.
Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.77 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.61. The firm had revenue of $2.84 billion during the quarter. Liberty Global had a net margin of 9.11% and a negative return on equity of 26.88%. On average, research analysts expect that Liberty Global will post -1.01 earnings per share for the current fiscal year.
In other news, EVP Bryan H. Hall sold 20,000 shares of Liberty Global stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $27.10, for a total transaction of $542,000.00. Following the completion of the sale, the executive vice president now directly owns 159,764 shares in the company, valued at approximately $4,329,604.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director David E. Rapley sold 2,000 shares of Liberty Global stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $23.82, for a total transaction of $47,640.00. Following the sale, the director now owns 6,045 shares of the company’s stock, valued at $143,991.90. The disclosure for this sale can be found here. 6.48% of the stock is currently owned by company insiders.
Several hedge funds have recently bought and sold shares of the company. First Trust Advisors LP increased its stake in shares of Liberty Global by 25.5% during the 1st quarter. First Trust Advisors LP now owns 166,858 shares of the company’s stock worth $4,158,000 after purchasing an additional 33,941 shares in the last quarter. AMF Pensionsforsakring AB increased its stake in shares of Liberty Global by 0.5% during the 2nd quarter. AMF Pensionsforsakring AB now owns 693,372 shares of the company’s stock worth $18,714,000 after purchasing an additional 3,654 shares in the last quarter. Moon Capital Management LLC increased its stake in shares of Liberty Global by 4.6% during the 2nd quarter. Moon Capital Management LLC now owns 65,650 shares of the company’s stock worth $1,772,000 after purchasing an additional 2,910 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Liberty Global by 68.6% during the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 117,217 shares of the company’s stock worth $3,164,000 after purchasing an additional 47,700 shares in the last quarter. Finally, Perella Weinberg Partners Capital Management LP purchased a new position in shares of Liberty Global during the 2nd quarter worth approximately $791,000. Institutional investors own 23.14% of the company’s stock.
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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