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

StockNews.com began coverage on shares of Liberty Global (NASDAQ:LBTYK) in a research note published on Thursday morning. The brokerage issued a hold rating on the stock.

Liberty Global Price Performance

Shares of NASDAQ LBTYK opened at $12.21 on Thursday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of -1.20 and a beta of 1.21. Liberty Global has a 1-year low of $11.25 and a 1-year high of $22.14. The business has a 50-day moving average of $14.25 and a 200-day moving average of $18.06.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 9.86% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. US Bancorp DE boosted its position in shares of Liberty Global by 124.9% in the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after acquiring an additional 1,200 shares during the period. Deseret Mutual Benefit Administrators raised its stake in Liberty Global by 22.5% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock worth $68,000 after purchasing an additional 578 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Liberty Global in the 2nd quarter valued at about $109,000. CWM LLC grew its position in shares of Liberty Global by 1,159.4% during the 3rd quarter. CWM LLC now owns 6,272 shares of the company’s stock worth $136,000 after purchasing an additional 5,774 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new position in shares of Liberty Global during the third quarter worth approximately $185,000. 46.10% of the stock is owned by institutional investors.

Liberty Global Company Profile

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.