Liberty Global (NASDAQ:LBTYK) Now Covered by Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Liberty Global (NASDAQ:LBTYK) in a research report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Liberty Global Stock Down 0.5 %

Shares of NASDAQ LBTYK opened at $20.42 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global has a 12 month low of $16.03 and a 12 month high of $22.14. The firm has a market capitalization of $7.46 billion, a PE ratio of -2.01 and a beta of 1.14. The firm has a fifty day simple moving average of $20.86 and a two-hundred day simple moving average of $19.16.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Liberty Global by 151.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,684,221 shares of the company’s stock worth $65,766,000 after buying an additional 2,219,823 shares during the period. Rubric Capital Management LP grew its position in shares of Liberty Global by 85.4% in the 2nd quarter. Rubric Capital Management LP now owns 3,511,004 shares of the company’s stock worth $62,671,000 after buying an additional 1,617,711 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of Liberty Global by 18.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,930,166 shares of the company’s stock worth $52,303,000 after buying an additional 447,135 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Liberty Global by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,499,264 shares of the company’s stock worth $44,612,000 after buying an additional 18,319 shares during the period. Finally, Gabelli Funds LLC grew its position in shares of Liberty Global by 3.7% in the 1st quarter. Gabelli Funds LLC now owns 2,025,414 shares of the company’s stock worth $35,728,000 after buying an additional 71,350 shares during the period. 46.10% of the stock is currently owned by institutional investors.

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.