LBTYA has been the subject of a number of other research reports. BidaskClub lowered Liberty Global from a hold rating to a sell rating in a report on Thursday, October 4th. HSBC set a $35.00 target price on Liberty Global and gave the company a buy rating in a report on Thursday, October 18th. UBS Group upgraded Liberty Global from a neutral rating to a buy rating and reduced their target price for the company from $37.00 to $33.50 in a report on Friday, August 24th. Zacks Investment Research upgraded Liberty Global from a hold rating to a buy rating and set a $32.00 price objective for the company in a report on Monday, October 1st. Finally, Pivotal Research reiterated a buy rating and set a $35.00 price objective on shares of Liberty Global in a report on Tuesday, September 11th. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $37.50.
Shares of LBTYA traded down $0.40 during mid-day trading on Friday, reaching $25.12. The company’s stock had a trading volume of 2,084,287 shares, compared to its average volume of 2,112,118. The firm has a market capitalization of $20.48 billion, a P/E ratio of -10.97 and a beta of 1.59. Liberty Global has a 1 year low of $23.17 and a 1 year high of $39.73. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 5.98.
In related news, CFO Charles H. R. Bracken sold 46,054 shares of the stock in a transaction on Monday, September 17th. The stock was sold at an average price of $27.27, for a total transaction of $1,255,892.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.93% of the stock is currently owned by company insiders.
A number of institutional investors have recently bought and sold shares of LBTYA. Royal Bank of Canada increased its position in Liberty Global by 10.5% during the first quarter. Royal Bank of Canada now owns 197,682 shares of the company’s stock worth $6,189,000 after buying an additional 18,770 shares during the last quarter. Jabodon PT Co. acquired a new position in Liberty Global during the second quarter worth $2,615,000. AJ Wealth Strategies LLC acquired a new position in Liberty Global during the second quarter worth $308,000. BNP Paribas Arbitrage SA increased its position in Liberty Global by 50.3% during the second quarter. BNP Paribas Arbitrage SA now owns 58,834 shares of the company’s stock worth $1,620,000 after buying an additional 19,696 shares during the last quarter. Finally, First Mercantile Trust Co. increased its position in Liberty Global by 12.7% during the second quarter. First Mercantile Trust Co. now owns 20,266 shares of the company’s stock worth $558,000 after buying an additional 2,280 shares during the last quarter. 21.87% of the stock is currently owned by hedge funds and other institutional investors.
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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