Liberty Global (NASDAQ:LBTYK) Releases Earnings Results

Liberty Global (NASDAQ:LBTYK) released its quarterly earnings results on Wednesday. The company reported ($8.60) EPS for the quarter, Zacks reports. Liberty Global had a negative return on equity of 14.71% and a negative net margin of 41.44%.

Liberty Global Price Performance

Liberty Global stock traded up $0.87 during mid-day trading on Wednesday, reaching $11.92. The company had a trading volume of 302,254 shares, compared to its average volume of 860,213. The stock’s 50-day simple moving average is $10.93 and its 200-day simple moving average is $11.23. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.96 and a quick ratio of 0.96. Liberty Global has a 1 year low of $9.21 and a 1 year high of $12.57. The company has a market capitalization of $4.02 billion, a P/E ratio of -1.96 and a beta of 1.00.

Analyst Ratings Changes

A number of equities analysts have commented on LBTYK shares. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Monday, December 29th. Wall Street Zen upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 33,220 shares of the firm’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $11.18, for a total transaction of $371,399.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 9.86% of the stock is owned by company insiders.

Hedge Funds Weigh In On Liberty Global

Several hedge funds have recently bought and sold shares of LBTYK. Jones Financial Companies Lllp lifted its position in shares of Liberty Global by 76,160.0% in the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after buying an additional 3,808 shares during the last quarter. US Bancorp DE raised its stake in shares of Liberty Global by 161.6% in the 3rd quarter. US Bancorp DE now owns 10,792 shares of the company’s stock valued at $127,000 after acquiring an additional 6,667 shares in the last quarter. Parallel Advisors LLC lifted its holdings in Liberty Global by 33.7% in the 4th quarter. Parallel Advisors LLC now owns 11,450 shares of the company’s stock worth $126,000 after purchasing an additional 2,885 shares during the last quarter. Amundi acquired a new position in Liberty Global during the fourth quarter valued at approximately $133,000. Finally, Arkadios Wealth Advisors raised its position in shares of Liberty Global by 9.7% in the fourth quarter. Arkadios Wealth Advisors now owns 13,061 shares of the company’s stock valued at $144,000 after purchasing an additional 1,157 shares during the period. 46.10% of the stock is owned by institutional investors and hedge funds.

About Liberty Global

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.