Liberty Global (NASDAQ:LILAK – Get Free Report) is expected to release its results after the market closes on Wednesday, August 5th. Analysts expect the company to post earnings of $0.0235 per share and revenue of $1.0945 billion for the quarter.
Liberty Global (NASDAQ:LILAK – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.15). Liberty Global had a negative net margin of 11.20% and a negative return on equity of 43.70%. The firm had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion.
Liberty Global Stock Performance
LILAK stock opened at $8.07 on Monday. The stock’s 50 day simple moving average is $7.41 and its 200 day simple moving average is $7.83. Liberty Global has a fifty-two week low of $4.76 and a fifty-two week high of $9.13. The company has a market cap of $1.63 billion, a P/E ratio of -3.25 and a beta of 0.71.
Wall Street Analysts Forecast Growth
View Our Latest Report on LILAK
Insider Buying and Selling
In other Liberty Global news, Director John C. Malone purchased 17,693 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average price of $7.00 per share, with a total value of $123,851.00. Following the transaction, the director owned 3,725,813 shares in the company, valued at $26,080,691. The trade was a 0.48% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP John M. Winter acquired 5,071 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were bought at an average cost of $19.67 per share, with a total value of $99,746.57. Following the completion of the acquisition, the senior vice president directly owned 64,547 shares in the company, valued at approximately $1,269,639.49. This represents a 8.53% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 14,820,228 shares of company stock worth $121,249,631 over the last ninety days. Insiders own 9.66% of the company’s stock.
Institutional Trading of Liberty Global
Several institutional investors have recently made changes to their positions in LILAK. Headlands Technologies LLC lifted its position in shares of Liberty Global by 5.4% during the fourth quarter. Headlands Technologies LLC now owns 43,986 shares of the company’s stock valued at $328,000 after purchasing an additional 2,253 shares in the last quarter. Legal & General Group Plc boosted its holdings in Liberty Global by 1.6% during the second quarter. Legal & General Group Plc now owns 158,315 shares of the company’s stock worth $985,000 after purchasing an additional 2,533 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Liberty Global by 33.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 12,666 shares of the company’s stock worth $79,000 after purchasing an additional 3,150 shares in the last quarter. Hsbc Holdings PLC grew its position in Liberty Global by 8.3% in the 4th quarter. Hsbc Holdings PLC now owns 41,840 shares of the company’s stock worth $309,000 after purchasing an additional 3,194 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Liberty Global by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,003 shares of the company’s stock worth $478,000 after purchasing an additional 3,234 shares in the last quarter. Institutional investors own 52.98% of the company’s stock.
About Liberty Global
Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.
The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.
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