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

Wall Street Zen upgraded shares of Liberty Global (NASDAQ:LILAK) from a hold rating to a buy rating in a research note published on Saturday morning.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $8.20.

Liberty Global Stock Performance

Shares of LILAK stock opened at $8.66 on Friday. Liberty Global has a 12-month low of $4.23 and a 12-month high of $9.13. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of -2.83 and a beta of 0.84. The business has a 50 day simple moving average of $8.05 and a 200 day simple moving average of $8.07. The company has a debt-to-equity ratio of 6.78, a current ratio of 1.14 and a quick ratio of 1.14.

Liberty Global (NASDAQ:LILAK) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.37). Liberty Global had a negative return on equity of 48.22% and a negative net margin of 13.76%.The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Insider Transactions at Liberty Global

In other Liberty Global news, CAO Brian D. Zook sold 94,494 shares of the stock in a transaction on Friday, February 20th. The stock was sold at an average price of $8.04, for a total transaction of $759,731.76. Following the completion of the transaction, the chief accounting officer directly owned 6,813 shares of the company’s stock, valued at approximately $54,776.52. This trade represents a 93.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 9.66% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. ProShare Advisors LLC boosted its stake in Liberty Global by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 23,186 shares of the company’s stock valued at $173,000 after purchasing an additional 1,494 shares in the last quarter. Headlands Technologies LLC lifted its position in shares of Liberty Global by 5.4% during the 4th quarter. Headlands Technologies LLC now owns 43,986 shares of the company’s stock valued at $328,000 after acquiring an additional 2,253 shares during the last quarter. Legal & General Group Plc lifted its position in shares of Liberty Global by 1.6% during the 2nd quarter. Legal & General Group Plc now owns 158,315 shares of the company’s stock valued at $985,000 after acquiring an additional 2,533 shares during the last quarter. CWM LLC lifted its position in shares of Liberty Global by 22.7% during the 4th quarter. CWM LLC now owns 13,800 shares of the company’s stock valued at $103,000 after acquiring an additional 2,552 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of Liberty Global by 33.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,666 shares of the company’s stock valued at $79,000 after acquiring an additional 3,150 shares during the last quarter. 52.98% of the stock is owned by institutional investors.

Liberty Global Company Profile

Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.

The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.