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

StockNews.com started coverage on shares of Liberty Global (NASDAQ:LBTYK) in a report issued on Thursday. The brokerage issued a hold rating on the stock.

Liberty Global Stock Down 5.0 %

Shares of LBTYK opened at $12.21 on Thursday. The firm has a 50 day simple moving average of $14.25 and a two-hundred day simple moving average of $18.06. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global has a one year low of $11.25 and a one year high of $22.14. The company has a market cap of $4.37 billion, a P/E ratio of -1.20 and a beta of 1.21.

Insider Buying and Selling

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.86% of the stock is owned by corporate insiders.

Institutional Trading of Liberty Global

Hedge funds have recently made changes to their positions in the company. US Bancorp DE raised its holdings in Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after buying an additional 1,200 shares during the last quarter. Deseret Mutual Benefit Administrators increased its position in Liberty Global by 22.5% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company’s stock valued at $68,000 after acquiring an additional 578 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Liberty Global during the second quarter valued at $109,000. CWM LLC raised its stake in shares of Liberty Global by 1,159.4% during the third quarter. CWM LLC now owns 6,272 shares of the company’s stock valued at $136,000 after acquiring an additional 5,774 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of Liberty Global during the third quarter worth $185,000. 46.10% of the stock is owned by institutional investors and hedge funds.

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.