Liberty Global (NASDAQ:LILAK) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Liberty Global (NASDAQ:LILAK) from a hold rating to a buy rating in a research report released on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Liberty Global has a consensus rating of “Reduce” and an average price target of $8.20.

Liberty Global Stock Performance

NASDAQ:LILAK opened at $8.10 on Friday. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of -2.65 and a beta of 0.99. The business has a 50 day moving average of $7.71 and a 200 day moving average of $8.03. The company has a debt-to-equity ratio of 6.78, a current ratio of 1.14 and a quick ratio of 1.14. Liberty Global has a 1-year low of $4.23 and a 1-year high of $9.13.

Liberty Global (NASDAQ:LILAK) last issued its quarterly earnings results on Wednesday, February 18th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.37). The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.10 billion. Liberty Global had a negative net margin of 13.76% and a negative return on equity of 48.22%.

Institutional Investors Weigh In On Liberty Global

A number of large investors have recently added to or reduced their stakes in LILAK. Raymond James Financial Inc. bought a new position in shares of Liberty Global during the second quarter valued at about $30,000. PNC Financial Services Group Inc. raised its position in Liberty Global by 45.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,773 shares of the company’s stock valued at $36,000 after purchasing an additional 1,797 shares during the last quarter. State of Alaska Department of Revenue bought a new position in Liberty Global during the 3rd quarter valued at approximately $50,000. Headlands Technologies LLC lifted its holdings in Liberty Global by 85.9% in the 2nd quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock worth $53,000 after buying an additional 3,934 shares during the period. Finally, Xponance LLC bought a new stake in shares of Liberty Global in the 4th quarter worth approximately $75,000. Institutional investors own 52.98% of the company’s stock.

About Liberty Global

Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.

The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.