Liberty Global Ltd. (NASDAQ:LBTYK - Get Free Report) shares hit a new 52-week low on Friday . The stock traded as low as $10.77 and last traded at $10.80, with a volume of 397449 shares traded. The stock had previously closed at $11.48.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on Liberty Global in a report on Friday, January 17th. They issued a "hold" rating for the company.
View Our Latest Analysis on Liberty Global
Liberty Global Stock Performance
The company has a market capitalization of $3.84 billion, a PE ratio of 2.63 and a beta of 1.19. The firm's 50-day simple moving average is $11.75 and its 200-day simple moving average is $14.69. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65.
Liberty Global (NASDAQ:LBTYK - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.86) by $7.19. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.84 billion.
Institutional Investors Weigh In On Liberty Global
Institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. increased its holdings in shares of Liberty Global by 10.0% in the third quarter. Rockefeller Capital Management L.P. now owns 21,518 shares of the company's stock valued at $465,000 after purchasing an additional 1,959 shares during the period. Point72 Asset Management L.P. lifted its position in Liberty Global by 52.2% during the third quarter. Point72 Asset Management L.P. now owns 9,324 shares of the company's stock valued at $201,000 after purchasing an additional 3,196 shares during the period. Quantinno Capital Management LP raised its stake in shares of Liberty Global by 37.4% during the 3rd quarter. Quantinno Capital Management LP now owns 78,439 shares of the company's stock valued at $1,695,000 after buying an additional 21,345 shares during the last quarter. State Street Corp grew its holdings in Liberty Global by 3.6% during the third quarter. State Street Corp now owns 3,797,422 shares of the company's stock worth $82,062,000 after acquiring an additional 131,875 shares during the period. Finally, XTX Topco Ltd acquired a new position in Liberty Global in the third quarter valued at approximately $405,000. Institutional investors and hedge funds own 46.10% of the company's stock.
Liberty Global Company Profile
(
Get Free Report)
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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