Liberty Global (NASDAQ:LBTYK) Now Covered by Analysts at StockNews.com

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

Liberty Global Stock Up 0.0 %

Shares of LBTYK opened at $20.62 on Tuesday. The company’s 50-day simple moving average is $20.96 and its 200-day simple moving average is $19.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.34 and a current ratio of 1.34. Liberty Global has a 1 year low of $16.03 and a 1 year high of $22.14. The stock has a market capitalization of $7.54 billion, a PE ratio of -4.45 and a beta of 1.13.

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

Hedge Funds Weigh In On Liberty Global

Several large investors have recently bought and sold shares of LBTYK. Cetera Investment Advisers lifted its position in shares of Liberty Global by 91.8% during the 1st quarter. Cetera Investment Advisers now owns 214,785 shares of the company’s stock worth $3,789,000 after buying an additional 102,828 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in Liberty Global in the third quarter valued at $7,471,000. Empowered Funds LLC acquired a new position in Liberty Global in the first quarter valued at $1,477,000. Keating Investment Counselors Inc. grew its holdings in shares of Liberty Global by 59.3% during the first quarter. Keating Investment Counselors Inc. now owns 417,368 shares of the company’s stock worth $7,362,000 after purchasing an additional 155,291 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Liberty Global by 20.3% during the first quarter. Janney Montgomery Scott LLC now owns 437,528 shares of the company’s stock worth $7,718,000 after purchasing an additional 73,891 shares in the last quarter. Hedge funds and other institutional investors own 46.10% of the company’s stock.

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.