Liberty Global (NASDAQ:LBTYA) Lifted to C at TheStreet

TheStreet upgraded shares of Liberty Global (NASDAQ:LBTYA) from a d rating to a c rating in a research report report published on Thursday, TheStreetRatingsTable reports.

Several other equities analysts also recently weighed in on LBTYA. Barclays downgraded shares of Liberty Global from an overweight rating to an equal weight rating and set a $30.00 target price for the company. in a research note on Wednesday, September 25th. HSBC downgraded shares of Liberty Global from a buy rating to a hold rating and set a $28.00 target price for the company. in a research note on Thursday, October 17th. BidaskClub upgraded shares of Liberty Global from a sell rating to a hold rating in a research note on Thursday, September 5th. New Street Research lowered shares of Liberty Global from a buy rating to a neutral rating in a research report on Thursday, August 8th. Finally, Citigroup lowered shares of Liberty Global from a buy rating to a sell rating and cut their price objective for the company from $31.00 to $25.00 in a research report on Friday, September 20th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Liberty Global presently has an average rating of Hold and a consensus price target of $29.36.

Shares of LBTYA stock traded down $0.02 on Thursday, hitting $24.82. The stock had a trading volume of 1,401,900 shares, compared to its average volume of 1,999,638. The stock has a market cap of $18.55 billion, a price-to-earnings ratio of -12.60 and a beta of 1.46. The company has a debt-to-equity ratio of 7.15, a current ratio of 0.39 and a quick ratio of 0.39. The business has a 50 day moving average of $25.00 and a 200 day moving average of $26.15. Liberty Global has a 12-month low of $19.88 and a 12-month high of $28.62.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Wednesday, November 6th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.61. The firm had revenue of $2.84 billion during the quarter. Liberty Global had a net margin of 9.11% and a negative return on equity of 26.88%. As a group, research analysts expect that Liberty Global will post -1.01 earnings per share for the current fiscal year.

In other Liberty Global news, Director David E. Rapley sold 2,000 shares of Liberty Global stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $23.82, for a total transaction of $47,640.00. Following the completion of the sale, the director now directly owns 6,045 shares in the company, valued at $143,991.90. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Bryan H. Hall sold 20,000 shares of Liberty Global stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $27.10, for a total transaction of $542,000.00. Following the sale, the executive vice president now owns 159,764 shares of the company’s stock, valued at $4,329,604.40. The disclosure for this sale can be found here. 6.48% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in LBTYA. First Trust Advisors LP lifted its position in Liberty Global by 25.5% during the first quarter. First Trust Advisors LP now owns 166,858 shares of the company’s stock valued at $4,158,000 after purchasing an additional 33,941 shares during the last quarter. AMF Pensionsforsakring AB lifted its position in Liberty Global by 0.5% during the second quarter. AMF Pensionsforsakring AB now owns 693,372 shares of the company’s stock valued at $18,714,000 after purchasing an additional 3,654 shares during the last quarter. Moon Capital Management LLC lifted its position in Liberty Global by 4.6% during the second quarter. Moon Capital Management LLC now owns 65,650 shares of the company’s stock valued at $1,772,000 after purchasing an additional 2,910 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in Liberty Global by 68.6% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 117,217 shares of the company’s stock valued at $3,164,000 after purchasing an additional 47,700 shares during the last quarter. Finally, Perella Weinberg Partners Capital Management LP bought a new stake in Liberty Global during the second quarter valued at approximately $791,000. Institutional investors and hedge funds own 23.14% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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Analyst Recommendations for Liberty Global (NASDAQ:LBTYA)

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