Equities researchers at StockNews.com assumed coverage on shares of Liberty Global (NASDAQ:LBTYK - Get Free Report) in a research note issued on Wednesday. The firm set a "hold" rating on the stock.
Liberty Global Price Performance
NASDAQ LBTYK traded down $0.45 on Wednesday, reaching $20.52. The company had a trading volume of 1,505,364 shares, compared to its average volume of 1,075,319. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $7.50 billion, a PE ratio of -2.02 and a beta of 1.14. The firm's 50 day moving average price is $20.86 and its 200 day moving average price is $19.16. Liberty Global has a 12 month low of $16.03 and a 12 month high of $22.14.
Institutional Trading of Liberty Global
A number of large investors have recently made changes to their positions in LBTYK. Deseret Mutual Benefit Administrators boosted its stake in shares of Liberty Global by 22.5% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 3,152 shares of the company's stock worth $68,000 after purchasing an additional 578 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Liberty Global by 1.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 62,718 shares of the company's stock valued at $1,355,000 after buying an additional 607 shares during the period. US Bancorp DE boosted its position in Liberty Global by 124.9% in the 3rd quarter. US Bancorp DE now owns 2,161 shares of the company's stock valued at $47,000 after buying an additional 1,200 shares during the period. Caprock Group LLC boosted its position in Liberty Global by 16.1% in the 2nd quarter. Caprock Group LLC now owns 17,746 shares of the company's stock valued at $317,000 after buying an additional 2,458 shares during the period. Finally, Nordea Investment Management AB boosted its position in Liberty Global by 17.0% in the 1st quarter. Nordea Investment Management AB now owns 19,737 shares of the company's stock valued at $349,000 after buying an additional 2,863 shares during the period. 46.10% of the stock is currently owned by institutional investors.
Liberty Global Company Profile
(
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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.
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