Liberty Global (NASDAQ:LBTYK) Upgraded at Wall Street Zen

Liberty Global (NASDAQ:LBTYK) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Liberty Global in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Liberty Global Price Performance

Shares of NASDAQ:LBTYK opened at $11.47 on Friday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02. The business’s fifty day moving average price is $11.23 and its two-hundred day moving average price is $10.89. The stock has a market cap of $3.86 billion, a PE ratio of -1.17 and a beta of 1.06. Liberty Global has a one year low of $9.21 and a one year high of $14.83.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Thursday, October 30th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.16. Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.The business had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.23 billion.

Hedge Funds Weigh In On Liberty Global

Hedge funds have recently made changes to their positions in the stock. Clearstead Advisors LLC grew its stake in shares of Liberty Global by 2.7% during the 3rd quarter. Clearstead Advisors LLC now owns 37,485 shares of the company’s stock valued at $440,000 after buying an additional 973 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its holdings in Liberty Global by 1.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 56,852 shares of the company’s stock valued at $586,000 after acquiring an additional 1,008 shares during the last quarter. California State Teachers Retirement System grew its position in Liberty Global by 0.8% during the second quarter. California State Teachers Retirement System now owns 145,501 shares of the company’s stock valued at $1,500,000 after acquiring an additional 1,116 shares during the period. PNC Financial Services Group Inc. increased its stake in Liberty Global by 19.0% during the first quarter. PNC Financial Services Group Inc. now owns 8,334 shares of the company’s stock worth $100,000 after acquiring an additional 1,333 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of Liberty Global by 13.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 12,475 shares of the company’s stock worth $129,000 after purchasing an additional 1,523 shares during the period. Institutional investors and hedge funds 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.