Liberty Global (NASDAQ:LBTYA) downgraded to C+ at TheStreet

Liberty Global (NASDAQ:LBTYA) was downgraded by TheStreet from a “b” rating to a “c+” rating in a report released on Friday, reports TheStreetRatingsTable.

Separately, Zacks Investment Research upgraded Liberty Global from a “hold” to a “sell” rating and set a price target of $31.00 for the stock. in a research report on Tuesday, October 5. One equity research analyst has assigned the stock a sell rating, one has assigned a hold rating and three have assigned the stock a buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $34.20.

The NASDAQ LBTYA opened at $26.48 on Friday. The company has a debt ratio of 0.55, a current ratio of 1.47 and a quick ratio of 1.47. The stock has a market capitalization of $14.38 billion, a PE ratio of 1.28 and a beta of 1.21. Liberty Global has a 1-year low of $23.19 and a 1-year high of $30.58. The company’s 50-day moving average is $27.72 and its 200-day moving average is $28.09.

Liberty Global Inc (NASDAQ:LBTYA) last reported results on Wednesday, November 3. The company reported earnings per share (EPS) of $0.48 for the quarter, beating Thomson Reuters consensus estimate of $0.57 ($0.57) by $1.05. The company posted revenue of $1.90 billion for the quarter, versus $2.01 billion expected by analysts. Liberty Global had a return on equity of 14.99% and a net margin of 97.60%. As a group, equity research analysts expect Liberty Global to post earnings per share of 2.63 for the current year.

(A d)

This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.

Take your trading to the next level with the Options Strategy Guide.

Separately, CFO Charles HR Bracken sold 18,265 shares of the company in a trade that took place on Tuesday, December 7. The shares were sold at an average price of $27.50, for a total value of $502,287.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available via this hyperlink. Additionally, SVP Andrea Salvato sold 47,500 shares of the company in a trade that took place on Monday, December 6. The stock was sold at an average price of $27.89, for a total transaction of $1,324,775.00. The disclosure of this sale can be found here. In the past 90 days, insiders have sold 79,865 shares of the company valued at $2,226,516. 9.41% of the shares are held by insiders of the company.

A number of institutional investors and hedge funds have recently changed their positions in the company. Artisan Partners Limited Partnership purchased a new stake in Liberty Global during Q3 at a value of $203,615,000. BlackRock Inc. increased its stake in shares of Liberty Global by 6.0% in the 2nd quarter. BlackRock Inc. now owns 5,892,035 shares of the company worth $160,028,000 after purchasing an additional 333,959 shares in the last quarter. Boston Partners bought a new stake in shares of Liberty Global in Q3 at a value of $142,357,000. Naya Capital Management UK Ltd. increased its stake in Liberty Global shares by 2.0% in Q3. Naya Capital Management UK Ltd. now owns 3,526,877 shares of the company worth $105,101,000 after purchasing an additional 69,668 shares last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Liberty Global by 2.0% in the 2nd quarter. Renaissance Technologies LLC now owns 3,492,014 shares of the company worth $94,843,000 after purchasing an additional 69,600 shares last quarter. Institutional investors and hedge funds hold 27.63% of the company’s shares.

About Liberty Global

Liberty Global Plc is an international television and broadband company, which provides broadband communication services. It operates through the following geographic segments: United Kingdom and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms and TV content.

Feature article: Stock split

This instant alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to [email protected]

Should you invest $1,000 in Liberty Global right now?

Before you consider Liberty Global, you’ll want to hear this.

MarketBeat tracks daily the highest rated and most successful research analysts on Wall Street and the stocks they recommend to their clients. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the market takes off…and Liberty Global wasn’t on the list.

Although Liberty Global currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here

Comments are closed.