Liberty Global (NASDAQ:LBTYK) Reaches New 1-Year Low at $16.26

Liberty Global Ltd. (NASDAQ:LBTYK) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $16.26 and last traded at $16.57, with a volume of 291597 shares changing hands. The stock had previously closed at $16.81.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Wednesday, January 24th. StockNews.com upgraded Liberty Global from a “sell” rating to a “hold” rating in a research report on Monday, May 13th.

Liberty Global Stock Performance

The company has a debt-to-equity ratio of 0.80, a current ratio of 1.28 and a quick ratio of 1.28. The stock’s 50-day moving average is $17.36 and its two-hundred day moving average is $18.15.

Liberty Global (NASDAQ:LBTYK) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $1.32 earnings per share for the quarter. The firm had revenue of $1.95 billion for the quarter. Liberty Global had a negative return on equity of 14.07% and a negative net margin of 37.27%.

Insiders Place Their Bets

In other news, EVP Bryan H. Hall sold 25,000 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $18.24, for a total value of $456,000.00. Following the completion of the sale, the executive vice president now owns 144,934 shares in the company, valued at approximately $2,643,596.16. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Liberty Global news, Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $17.35, for a total value of $520,500.00. Following the transaction, the director now owns 159,632 shares in the company, valued at $2,769,615.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Bryan H. Hall sold 25,000 shares of the stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $18.24, for a total transaction of $456,000.00. Following the sale, the executive vice president now directly owns 144,934 shares of the company’s stock, valued at $2,643,596.16. The disclosure for this sale can be found here. Insiders have sold 113,629 shares of company stock worth $2,046,783 in the last ninety days. 9.86% of the stock is owned by company insiders.

Institutional Investors Weigh In On Liberty Global

Hedge funds and other institutional investors have recently bought and sold shares of the company. ACR Alpine Capital Research LLC increased its holdings in shares of Liberty Global by 1.6% during the third quarter. ACR Alpine Capital Research LLC now owns 10,620,709 shares of the company’s stock valued at $197,120,000 after acquiring an additional 164,880 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in shares of Liberty Global by 1.6% in the fourth quarter. Artisan Partners Limited Partnership now owns 8,463,069 shares of the company’s stock worth $157,752,000 after buying an additional 129,585 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Liberty Global by 62.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,122,777 shares of the company’s stock worth $57,959,000 after buying an additional 1,195,569 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in shares of Liberty Global by 1.5% during the third quarter. Oppenheimer Asset Management Inc. now owns 2,503,116 shares of the company’s stock valued at $46,458,000 after buying an additional 38,206 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Liberty Global by 38.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,138,959 shares of the company’s stock valued at $39,870,000 after acquiring an additional 592,653 shares during the period. Hedge funds and other institutional investors own 46.10% of the company’s stock.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.