Liberty Global (NASDAQ:LBTYK) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Liberty Global (NASDAQ:LBTYK) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the stock.

Liberty Global Stock Performance

NASDAQ:LBTYK opened at $13.58 on Wednesday. The firm has a market capitalization of $4.86 billion, a PE ratio of -1.34 and a beta of 1.20. The stock’s fifty day moving average is $15.23 and its 200 day moving average is $18.25. Liberty Global has a fifty-two week low of $11.25 and a fifty-two week high of $22.14. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. This represents a 61.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 9.86% of the company’s stock.

Institutional Trading of Liberty Global

Several institutional investors and hedge funds have recently made changes to their positions in LBTYK. US Bancorp DE raised its stake in shares of Liberty Global by 124.9% during the third quarter. US Bancorp DE now owns 2,161 shares of the company’s stock valued at $47,000 after acquiring an additional 1,200 shares in the last quarter. Deseret Mutual Benefit Administrators raised its position in Liberty Global by 41.4% during the 2nd quarter. Deseret Mutual Benefit Administrators now owns 2,574 shares of the company’s stock valued at $46,000 after purchasing an additional 754 shares in the last quarter. Rothschild Investment LLC purchased a new stake in shares of Liberty Global in the 2nd quarter worth $71,000. Point72 Asset Management L.P. bought a new position in shares of Liberty Global during the 2nd quarter worth $109,000. Finally, CWM LLC increased its stake in shares of Liberty Global by 1,159.4% during the third quarter. CWM LLC now owns 6,272 shares of the company’s stock valued at $136,000 after buying an additional 5,774 shares during the period. 46.10% of the stock is currently owned by institutional investors.

About Liberty Global

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.