Liberty Global (NASDAQ:LBTYK) Issues Earnings Results

Key Points

• Liberty Global reported a quarterly earnings per share (EPS) of (-8.09), with a negative return on equity of (1.15%) and a net margin of (4.25%).
• Despite the poor earnings results, the company's stock price increased by 6.9%, reaching $10.93 during mid-day trading.
• Institutional investors hold approximately 46.10% of Liberty Global's stock, with notable increases in holdings by several hedge funds during the first quarter.

Liberty Global (NASDAQ:LBTYK - Get Free Report) posted its quarterly earnings results on Friday. The company reported ($8.09) earnings per share (EPS) for the quarter, Zacks reports. Liberty Global had a negative return on equity of 1.15% and a negative net margin of 4.25%.

Liberty Global Stock Up 6.9%

Shares of LBTYK traded up $0.70 during mid-day trading on Friday, reaching $10.93. The company's stock had a trading volume of 244,211 shares, compared to its average volume of 1,385,117. Liberty Global has a 1 year low of $9.21 and a 1 year high of $22.14. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.64. The company has a market cap of $3.81 billion, a price-to-earnings ratio of -11.25 and a beta of 1.08. The business has a fifty day moving average of $10.14 and a 200 day moving average of $10.93.

Institutional Trading of Liberty Global

Hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp increased its holdings in Liberty Global by 76,160.0% in the first quarter. Jones Financial Companies Lllp now owns 3,813 shares of the company's stock worth $46,000 after buying an additional 3,808 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Liberty Global by 22.5% during the 1st quarter. Royal Bank of Canada now owns 33,798 shares of the company's stock valued at $405,000 after purchasing an additional 6,217 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of Liberty Global by 18.0% in the 1st quarter. AQR Capital Management LLC now owns 80,872 shares of the company's stock valued at $963,000 after purchasing an additional 12,330 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Liberty Global by 6.4% in the 1st quarter. Jane Street Group LLC now owns 298,059 shares of the company's stock valued at $3,568,000 after purchasing an additional 17,903 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Liberty Global by 2.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 646,852 shares of the company's stock worth $7,743,000 after purchasing an additional 15,121 shares in the last quarter. 46.10% of the stock is owned by hedge funds and other institutional investors.

About Liberty Global

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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