Liberty Global (NASDAQ:LBTYK) Posts Earnings Results

Liberty Global (NASDAQ:LBTYK) announced its earnings results on Wednesday. The company reported ($8.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($8.29), Zacks reports. Liberty Global had a negative net margin of 41.44% and a negative return on equity of 14.71%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.23 billion.

Liberty Global Price Performance

Shares of NASDAQ LBTYK traded down $0.09 on Thursday, hitting $12.58. The company’s stock had a trading volume of 320,321 shares, compared to its average volume of 979,394. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.96 and a quick ratio of 0.96. The stock has a 50 day moving average of $10.96 and a 200-day moving average of $11.24. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of -2.07 and a beta of 1.00. Liberty Global has a 12-month low of $9.21 and a 12-month high of $13.12.

Insiders Place Their Bets

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $11.18, for a total value of $371,399.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 9.86% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jones Financial Companies Lllp lifted its position in Liberty Global by 76,160.0% during the 1st quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company’s stock worth $46,000 after acquiring an additional 3,808 shares in the last quarter. Parallel Advisors LLC increased its holdings in shares of Liberty Global by 33.7% in the 4th quarter. Parallel Advisors LLC now owns 11,450 shares of the company’s stock valued at $126,000 after acquiring an additional 2,885 shares during the last quarter. US Bancorp DE raised its holdings in shares of Liberty Global by 161.6% during the third quarter. US Bancorp DE now owns 10,792 shares of the company’s stock worth $127,000 after purchasing an additional 6,667 shares during the period. Amundi acquired a new stake in Liberty Global during the fourth quarter worth about $133,000. Finally, M&T Bank Corp bought a new position in Liberty Global in the second quarter worth about $141,000. 46.10% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on LBTYK shares. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Monday, December 29th. Wall Street Zen raised shares of Liberty Global from a “sell” rating to a “hold” rating in a research report on Friday, November 28th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Liberty Global presently has a consensus rating of “Sell”.

Liberty Global Company Profile

Liberty Global (NASDAQ:LBTYK) is a leading international telecommunications and television company, headquartered in London. Established in 2005 through the merger of UGC Europe and Liberty Media International, the company has grown into one of the largest broadband and video service providers outside North America. Liberty Global focuses on delivering high-speed internet, digital video, mobile telephony and fixed-line communications to residential and business customers.

The company’s core services include ultra‐fast broadband, pay television, voice services and mobile offerings.