Liberty Global (NASDAQ:LBTYA) EVP Enrique Rodriguez Acquires 211,313 Shares of Company Stock

Liberty Global Ltd (NASDAQ:LBTYA) EVP Enrique Rodriguez purchased 211,313 shares of the stock in a transaction dated Wednesday, November 4th. The stock was bought at an average cost of $9.45 per share, with a total value of $1,996,907.85. Following the completion of the purchase, the executive vice president owned 602,378 shares in the company, valued at $5,692,472.10. The trade was a 54.04% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Liberty Global Stock Performance

Shares of NASDAQ:LBTYA opened at $9.71 on Friday. The company has a market capitalization of $3.31 billion, a price-to-earnings ratio of -1.31 and a beta of 1.06. The firm’s 50 day simple moving average is $9.24 and its 200 day simple moving average is $10.97. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. Liberty Global Ltd has a fifty-two week low of $7.36 and a fifty-two week high of $13.52.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.64. Liberty Global had a negative net margin of 44.40% and a negative return on equity of 25.59%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.71 billion. As a group, sell-side analysts forecast that Liberty Global Ltd will post -1.47 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Allworth Financial LP boosted its position in shares of Liberty Global by 42.1% during the second quarter. Allworth Financial LP now owns 4,590 shares of the company’s stock worth $52,000 after buying an additional 1,360 shares during the period. Waverly Advisors LLC grew its holdings in shares of Liberty Global by 10.4% during the second quarter. Waverly Advisors LLC now owns 16,381 shares of the company’s stock worth $186,000 after buying an additional 1,547 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Liberty Global by 54.2% during the first quarter. PNC Financial Services Group Inc. now owns 6,080 shares of the company’s stock worth $74,000 after buying an additional 2,137 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in Liberty Global by 26.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 14,042 shares of the company’s stock valued at $160,000 after buying an additional 2,926 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its position in Liberty Global by 31.4% in the 3rd quarter. State of Alaska Department of Revenue now owns 15,348 shares of the company’s stock valued at $140,000 after buying an additional 3,668 shares during the last quarter. Institutional investors own 37.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LBTYA shares. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, October 29th. New Street Research raised Liberty Global from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Tuesday, October 20th. Barclays reduced their target price on Liberty Global from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 20th. UBS Group decreased their target price on Liberty Global from $12.10 to $11.90 and set a “neutral” rating for the company in a research note on Tuesday, August 4th. Finally, Wall Street Zen upgraded Liberty Global to a “sell” rating in a report on Saturday, October 17th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $12.78.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line, video and related digital services. Its offerings generally include high-speed internet, television, telephony, mobile connectivity and business communications services for residential and enterprise customers.

The company has operations and strategic investments across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, as well as 50% interests in Virgin Media O2 in the United Kingdom, a joint venture with Telefónica, and VodafoneZiggo in the Netherlands, a joint venture with Vodafone.