Liberty Global (NASDAQ:LBTYK) Hits New 1-Year Low – Should You Sell?

Liberty Global Ltd (NASDAQ:LBTYK) shares hit a new 52-week low on Wednesday . The stock traded as low as $9.28 and last traded at $9.2750, with a volume of 688148 shares traded. The stock had previously closed at $9.73.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LBTYK. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. Wall Street Zen cut Liberty Global from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Liberty Global Stock Down 4.3%

The business’s fifty day moving average price is $10.22 and its two-hundred day moving average price is $11.07. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market capitalization of $3.18 billion, a P/E ratio of -1.04 and a beta of 0.89.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.34 billion.

Institutional Investors Weigh In On Liberty Global

Large investors have recently modified their holdings of the business. Janus Henderson Group PLC increased its holdings in shares of Liberty Global by 299.2% during the first quarter. Janus Henderson Group PLC now owns 251,900 shares of the company’s stock valued at $2,954,000 after acquiring an additional 188,800 shares in the last quarter. ACR Alpine Capital Research LLC boosted its stake in Liberty Global by 7.3% in the 1st quarter. ACR Alpine Capital Research LLC now owns 6,884,624 shares of the company’s stock worth $80,757,000 after purchasing an additional 467,869 shares in the last quarter. Capula Management Ltd grew its position in Liberty Global by 388.3% during the 1st quarter. Capula Management Ltd now owns 210,109 shares of the company’s stock worth $2,465,000 after purchasing an additional 167,080 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Liberty Global by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,916,167 shares of the company’s stock valued at $92,857,000 after purchasing an additional 238,052 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Liberty Global by 141.5% during the 1st quarter. Sei Investments Co. now owns 170,952 shares of the company’s stock valued at $2,005,000 after purchasing an additional 100,159 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 plc is an international telecommunications and media company that provides broadband internet, video, fixed-line telephone and mobile communications services. Its operations also support business connectivity, digital infrastructure and related technology services for residential and commercial customers.

The company serves customers primarily in Europe through operating businesses and strategic joint ventures. Its portfolio has included Virgin Media O2 in the United Kingdom, Telenet in Belgium, Sunrise in Switzerland and VodafoneZiggo in the Netherlands, as well as other investments in communications, media and technology businesses.