Liberty Global (NASDAQ:LBTYK) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Liberty Global (NASDAQ:LBTYK) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

Liberty Global Trading Down 5.0 %

NASDAQ:LBTYK opened at $12.21 on Thursday. Liberty Global has a 52 week low of $11.25 and a 52 week high of $22.14. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19. The firm’s fifty day moving average is $14.25 and its 200-day moving average is $18.05. The firm has a market cap of $4.37 billion, a P/E ratio of -1.20 and a beta of 1.21.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 9.86% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Principal Financial Group Inc. bought a new position in shares of Liberty Global in the 2nd quarter worth $228,000. Rhumbline Advisers grew its holdings in shares of Liberty Global by 353.0% during the second quarter. Rhumbline Advisers now owns 154,788 shares of the company’s stock valued at $2,763,000 after buying an additional 120,620 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Liberty Global by 90.1% during the second quarter. Victory Capital Management Inc. now owns 43,112 shares of the company’s stock worth $770,000 after acquiring an additional 20,428 shares in the last quarter. Caprock Group LLC raised its holdings in shares of Liberty Global by 16.1% in the 2nd quarter. Caprock Group LLC now owns 17,746 shares of the company’s stock worth $317,000 after acquiring an additional 2,458 shares during the last quarter. Finally, Headlands Technologies LLC lifted its position in Liberty Global by 64.5% in the 2nd quarter. Headlands Technologies LLC now owns 9,838 shares of the company’s stock valued at $176,000 after acquiring an additional 3,856 shares in the last quarter. Institutional investors own 46.10% of the company’s stock.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.