Liberty Global (LBTYA) to Release Earnings on Wednesday

Liberty Global (NASDAQ:LBTYA) is projected to post its results before the market opens on Wednesday, February 18th. Analysts expect Liberty Global to post earnings of ($0.46) per share and revenue of $1.2065 billion for the quarter.

Liberty Global Trading Down 0.4%

LBTYA opened at $11.56 on Wednesday. Liberty Global has a one year low of $9.02 and a one year high of $12.09. The company has a market cap of $3.89 billion, a P/E ratio of -1.90 and a beta of 1.05. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 0.96. The business’s 50-day simple moving average is $10.99 and its 200-day simple moving average is $11.14.

Analyst Upgrades and Downgrades

Several brokerages have commented on LBTYA. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. UBS Group increased their target price on shares of Liberty Global from $11.80 to $12.60 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Finally, Citigroup boosted their price target on shares of Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $14.40.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 33,220 shares of the business’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 11.51% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Liberty Global

A number of hedge funds have recently added to or reduced their stakes in the company. Quarry LP acquired a new position in Liberty Global during the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its holdings in Liberty Global by 79.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after acquiring an additional 1,238 shares during the period. Headlands Technologies LLC purchased a new position in Liberty Global in the second quarter worth $47,000. Cubist Systematic Strategies LLC acquired a new stake in Liberty Global in the first quarter valued at $64,000. Finally, Prudential Financial Inc. purchased a new stake in shares of Liberty Global during the 2nd quarter worth $100,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.