Liberty Global (LBTYA) Projected to Post Earnings on Wednesday

Liberty Global (NASDAQ:LBTYA) is projected to announce its results before the market opens on Wednesday, February 18th. Analysts expect the company to announce earnings of ($0.46) per share and revenue of $1.2065 billion for the quarter.

Liberty Global Trading Down 3.1%

Shares of NASDAQ:LBTYA opened at $10.89 on Tuesday. The business’s 50-day moving average is $10.97 and its 200 day moving average is $11.17. Liberty Global has a 1 year low of $9.02 and a 1 year high of $12.09. The firm has a market capitalization of $3.67 billion, a P/E ratio of -1.79 and a beta of 1.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.96 and a quick ratio of 0.96.

Insider Buying and Selling at Liberty Global

In related news, CFO Charles H. R. Bracken sold 33,220 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $11.18, for a total transaction of $371,399.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 11.51% of the stock is owned by insiders.

Hedge Funds Weigh In On Liberty Global

Large investors have recently made changes to their positions in the company. Rubric Capital Management LP increased its holdings in Liberty Global by 29.3% in the fourth quarter. Rubric Capital Management LP now owns 10,018,432 shares of the company’s stock valued at $111,605,000 after buying an additional 2,268,065 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Liberty Global by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,310,517 shares of the company’s stock worth $92,581,000 after acquiring an additional 200,348 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Liberty Global by 227.4% during the 3rd quarter. AQR Capital Management LLC now owns 7,672,437 shares of the company’s stock valued at $87,926,000 after acquiring an additional 5,328,998 shares during the period. Vanguard Group Inc. increased its stake in shares of Liberty Global by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,365,307 shares of the company’s stock valued at $38,566,000 after purchasing an additional 39,179 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in Liberty Global by 5.5% in the 4th quarter. Franklin Resources Inc. now owns 3,125,992 shares of the company’s stock worth $34,824,000 after purchasing an additional 162,561 shares during the period. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LBTYA has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. Citigroup upped their price target on shares of Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Finally, UBS Group lifted their price objective on shares of Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $14.40.

About Liberty Global

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.