Posted by admin on May 10th, 2022

Liberty Global (NASDAQ:LBTYK – Get Rating) was downgraded by research analysts at TheStreet from a “b-” rating to a “c” rating in a research note issued on Friday, TheStreetRatingsTable reports.

Separately, StockNews.com assumed coverage on shares of Liberty Global in a research note on Thursday, March 31st. They set a “hold” rating on the stock.

Shares of NASDAQ LBTYK opened at $22.76 on Friday. The firm has a market capitalization of $11.90 billion, a PE ratio of 0.97 and a beta of 1.16. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.55. Liberty Global has a 1 year low of $22.65 and a 1 year high of $30.49. The firm’s 50-day moving average is $25.34 and its 200-day moving average is $26.97.

Liberty Global (NASDAQ:LBTYK – Get Rating) last issued its earnings results on Thursday, February 17th. The company reported $1.08 earnings per share (EPS) for the quarter. The company had revenue of $1.92 billion for the quarter. Liberty Global had a net margin of 127.35% and a return on equity of 20.11%.

Hedge funds have recently made changes to their positions in the business. Sargent Bickham Lagudis LLC acquired a new stake in Liberty Global during the 4th quarter worth approximately $90,000. Voloridge Investment Management LLC acquired a new stake in Liberty Global during the 3rd quarter worth approximately $2,245,000. Northern Trust Corp raised its holdings in shares of Liberty Global by 0.4% in the fourth quarter. Northern Trust Corp now owns 1,876,921 shares of the company’s stock valued at $52,723,000 after purchasing an additional 8,121 shares during the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Liberty Global by 58.9% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 239,111 shares of the company’s stock valued at $6,717,000 after purchasing an additional 88,607 shares during the last quarter. Finally, UMB Bank N A MO acquired a new stake in shares of Liberty Global in the fourth quarter valued at approximately $11,879,000. Hedge funds and other institutional investors own 54.11% of the company’s stock.

Liberty Global Company Profile (Get Rating)

Liberty Global plc, 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 intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.

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