Liberty Global (NASDAQ:LBTYK) Posts Quarterly Earnings Results

Liberty Global (NASDAQ:LBTYK) released its quarterly earnings data 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 Trading Up 11.3%

LBTYK stock traded up $1.25 during midday trading on Wednesday, hitting $12.30. The stock had a trading volume of 1,137,032 shares, compared to its average volume of 889,694. The company’s 50-day moving average price is $10.93 and its 200 day moving average price 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. The firm has a market cap of $4.14 billion, a PE ratio of -2.02 and a beta of 1.00. Liberty Global has a 12-month low of $9.21 and a 12-month high of $12.57.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 33,220 shares of the stock in a transaction dated Monday, December 8th. The stock was 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 can be accessed through the SEC website. 9.86% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Liberty Global

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on LBTYK shares. Wall Street Zen upgraded Liberty Global from a “sell” rating to a “hold” rating in a report on Friday, November 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Liberty Global Company Profile

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.