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

Liberty Global (NASDAQ:LILAK) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Separately, Weiss Ratings reiterated 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $8.20.

Liberty Global Stock Up 0.2%

NASDAQ:LILAK opened at $8.10 on Friday. The company has a debt-to-equity ratio of 6.78, a quick ratio of 1.14 and a current ratio of 1.14. The firm has a market cap of $1.62 billion, a P/E ratio of -2.65 and a beta of 0.99. Liberty Global has a fifty-two week low of $4.23 and a fifty-two week high of $9.13. The firm has a 50-day simple moving average of $7.71 and a two-hundred day simple moving average of $8.02.

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

Hedge Funds Weigh In On Liberty Global

Institutional investors have recently made changes to their positions in the company. Rubric Capital Management LP lifted its stake in Liberty Global by 3.9% in the fourth quarter. Rubric Capital Management LP now owns 10,656,935 shares of the company’s stock worth $79,501,000 after acquiring an additional 400,000 shares during the period. Dimensional Fund Advisors LP increased its position in Liberty Global by 3.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,557,181 shares of the company’s stock valued at $71,297,000 after purchasing an additional 351,410 shares during the period. Oaktree Capital Management LP raised its holdings in shares of Liberty Global by 186.4% in the 3rd quarter. Oaktree Capital Management LP now owns 6,669,823 shares of the company’s stock valued at $56,293,000 after purchasing an additional 4,341,307 shares in the last quarter. Fourth Sail Capital LP lifted its position in shares of Liberty Global by 51.4% in the 2nd quarter. Fourth Sail Capital LP now owns 3,835,640 shares of the company’s stock worth $23,858,000 after purchasing an additional 1,302,037 shares during the period. Finally, Alta Fundamental Advisers LLC boosted its stake in shares of Liberty Global by 10.8% during the fourth quarter. Alta Fundamental Advisers LLC now owns 2,053,559 shares of the company’s stock valued at $15,320,000 after purchasing an additional 200,000 shares in the last quarter. Hedge funds and other institutional investors own 52.98% of the company’s stock.

About Liberty Global

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.