Liberty Global (LBTYK) Lowered to “D” at TheStreet

TheStreet lowered shares of Liberty Global (NASDAQ:LBTYK) from a c- rating to a d rating in a report released on Thursday morning.

Separately, ValuEngine upgraded shares of Liberty Global from a sell rating to a hold rating in a research note on Tuesday, October 2nd.

Shares of LBTYK traded down $0.41 during trading hours on Thursday, hitting $24.51. The company’s stock had a trading volume of 3,338,098 shares, compared to its average volume of 2,840,142. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 5.98. Liberty Global has a 52-week low of $22.56 and a 52-week high of $37.86.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Wednesday, August 8th. The company reported $0.80 earnings per share for the quarter. The firm had revenue of $3.05 billion during the quarter. Liberty Global had a negative net margin of 11.46% and a negative return on equity of 27.88%.

Institutional investors and hedge funds have recently bought and sold shares of the company. Usca Ria LLC grew its stake in Liberty Global by 14.3% during the second quarter. Usca Ria LLC now owns 15,750 shares of the company’s stock valued at $419,000 after acquiring an additional 1,972 shares in the last quarter. Nissay Asset Management Corp Japan ADV grew its stake in Liberty Global by 2.3% during the second quarter. Nissay Asset Management Corp Japan ADV now owns 86,536 shares of the company’s stock valued at $2,303,000 after acquiring an additional 1,973 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. grew its stake in Liberty Global by 4.3% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 49,599 shares of the company’s stock valued at $1,320,000 after acquiring an additional 2,032 shares in the last quarter. Xact Kapitalforvaltning AB grew its stake in Liberty Global by 2.0% during the second quarter. Xact Kapitalforvaltning AB now owns 103,917 shares of the company’s stock valued at $2,765,000 after acquiring an additional 2,086 shares in the last quarter. Finally, First Capital Advisors Group LLC. grew its stake in Liberty Global by 35.3% during the second quarter. First Capital Advisors Group LLC. now owns 8,365 shares of the company’s stock valued at $223,000 after acquiring an additional 2,183 shares in the last quarter. Hedge funds and other institutional investors own 58.26% 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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