Posted by admin on May 14th, 2022
Liberty Global (NASDAQ:LBTYK – Get Rating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a report issued on Thursday.
Separately, TheStreet downgraded shares of Liberty Global from a “b-” rating to a “c” rating in a research report on Friday, May 6th.
Shares of NASDAQ:LBTYK opened at $24.07 on Thursday. Liberty Global has a 52 week low of $21.83 and a 52 week high of $30.49. The company’s 50 day moving average is $25.20 and its two-hundred day moving average is $26.82. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.55. The company has a market cap of $12.59 billion, a PE ratio of 1.04 and a beta of 1.16.
Liberty Global (NASDAQ:LBTYK – Get Rating) last announced its quarterly earnings data on Thursday, February 17th. The company reported $1.08 EPS for the quarter. Liberty Global had a net margin of 148.96% and a return on equity of 16.23%. The company had revenue of $1.92 billion for the quarter.
Institutional investors have recently modified their holdings of the company. Whittier Trust Co. boosted its holdings in shares of Liberty Global by 74.4% in the 4th quarter. Whittier Trust Co. now owns 1,397 shares of the company’s stock valued at $39,000 after buying an additional 596 shares in the last quarter. Sargent Bickham Lagudis LLC acquired a new stake in Liberty Global during the 4th quarter worth $90,000. Spire Wealth Management boosted its stake in Liberty Global by 13.9% during the 1st quarter. Spire Wealth Management now owns 3,676 shares of the company’s stock worth $95,000 after purchasing an additional 450 shares during the period. Captrust Financial Advisors boosted its holdings in shares of Liberty Global by 61.8% in 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, United Capital Financial Advisers LLC purchased a new stake in shares of Liberty Global in the third quarter valued at about $205,000. Institutional investors and hedge funds own 54.11% of the company’s stock.
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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