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

Analysts at StockNews.com initiated coverage on shares of Liberty Global (NASDAQ:LBTYK - Get Free Report) in a report issued on Friday. The brokerage set a "hold" rating on the stock.

Liberty Global Stock Down 0.1 %

Liberty Global stock traded down $0.01 during mid-day trading on Friday, hitting $12.00. The company had a trading volume of 602,257 shares, compared to its average volume of 1,333,199. Liberty Global has a 12 month low of $11.25 and a 12 month high of $22.14. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock's 50 day moving average price is $13.74 and its two-hundred day moving average price is $17.89. The company has a market capitalization of $4.29 billion, a PE ratio of -1.18 and a beta of 1.21.

Insiders Place Their Bets

In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at $776,222.72. This trade 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. Insiders own 9.86% of the company's stock.

Institutional Investors Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. US Bancorp DE increased its stake in Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company's stock worth $47,000 after buying an additional 1,200 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new stake in Liberty Global during the 4th quarter valued at approximately $66,000. Deseret Mutual Benefit Administrators raised its stake in Liberty Global by 22.5% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company's stock valued at $68,000 after purchasing an additional 578 shares during the period. Point72 Asset Management L.P. purchased a new position in Liberty Global in the 2nd quarter worth approximately $109,000. Finally, CWM LLC boosted its stake in Liberty Global by 1,159.4% in the 3rd quarter. CWM LLC now owns 6,272 shares of the company's stock worth $136,000 after purchasing an additional 5,774 shares during the period. 46.10% of the stock is owned by hedge funds and other 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.