Posted by admin on Jun 8th, 2022
Liberty Global plc (NASDAQ:LBTYK – Get Rating) CFO Charles H. R. Bracken sold 4,971 shares of the stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $24.05, for a total value of $119,552.55. Following the sale, the chief financial officer now directly owns 29,658 shares in the company, valued at $713,274.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
NASDAQ:LBTYK traded down $0.48 on Wednesday, hitting $24.83. The stock had a trading volume of 1,429,173 shares, compared to its average volume of 2,317,986. The stock has a market cap of $12.98 billion, a price-to-earnings ratio of 1.07 and a beta of 1.15. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.55. The business’s 50-day simple moving average is $24.92 and its two-hundred day simple moving average is $26.36. Liberty Global plc has a 52-week low of $21.83 and a 52-week high of $30.49.
Liberty Global (NASDAQ:LBTYK – Get Rating) last announced its earnings results on Tuesday, May 10th. The company reported $1.88 earnings per share (EPS) for the quarter. The business had revenue of $1.85 billion for the quarter. Liberty Global had a return on equity of 16.37% and a net margin of 148.96%.
Several equities research analysts recently commented on the company. StockNews.com raised Liberty Global from a “sell” rating to a “hold” rating in a research report on Friday, May 20th. TheStreet cut Liberty Global from a “b-” rating to a “c” rating in a research report on Friday, May 6th.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Whittier Trust Co. increased its stake in shares of Liberty Global by 74.4% in the fourth quarter. Whittier Trust Co. now owns 1,397 shares of the company’s stock worth $39,000 after purchasing an additional 596 shares in the last quarter. Sargent Bickham Lagudis LLC purchased a new stake in shares of Liberty Global in the fourth quarter worth $90,000. Spire Wealth Management increased its stake in shares of Liberty Global by 13.9% in the first quarter. Spire Wealth Management now owns 3,676 shares of the company’s stock worth $95,000 after purchasing an additional 450 shares in the last quarter. Captrust Financial Advisors grew its stake in Liberty Global by 61.8% during the third quarter. Captrust Financial Advisors now owns 5,895 shares of the company’s stock valued at $174,000 after acquiring an additional 2,252 shares in the last quarter. Finally, National Asset Management Inc. purchased a new position in Liberty Global during the first quarter valued at $203,000. 54.11% of the stock is owned by hedge funds and other institutional investors.
About Liberty Global (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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