Liberty Global (NASDAQ:LBTYK) Sets New 52-Week Low Following Weak Earnings

Shares of Liberty Global Ltd. (NASDAQ:LBTYK - Get Free Report) reached a new 52-week low during trading on Friday following a weaker than expected earnings announcement. The company traded as low as $9.21 and last traded at $10.15, with a volume of 639360 shares traded. The stock had previously closed at $11.37.

The company reported ($3.84) EPS for the quarter, missing the consensus estimate of ($0.71) by ($3.13). Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.08 billion.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Liberty Global in a report on Friday, January 17th. They set a "hold" rating on the stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in shares of Liberty Global by 40.3% in the 4th quarter. US Bancorp DE now owns 3,032 shares of the company's stock worth $40,000 after purchasing an additional 871 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Liberty Global by 26.2% in the first quarter. Parallel Advisors LLC now owns 5,107 shares of the company's stock valued at $61,000 after buying an additional 1,059 shares in the last quarter. CWM LLC grew its holdings in shares of Liberty Global by 19.1% during the first quarter. CWM LLC now owns 7,190 shares of the company's stock valued at $86,000 after buying an additional 1,155 shares during the last quarter. Voya Investment Management LLC grew its holdings in shares of Liberty Global by 5.4% during the fourth quarter. Voya Investment Management LLC now owns 27,397 shares of the company's stock valued at $360,000 after buying an additional 1,413 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Liberty Global by 25.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,465 shares of the company's stock worth $111,000 after acquiring an additional 1,699 shares in the last quarter. Institutional investors own 46.10% of the company's stock.

Liberty Global Stock Performance

The firm has a market cap of $3.51 billion, a P/E ratio of 2.40 and a beta of 1.19. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The company's 50-day moving average is $11.58 and its two-hundred day moving average is $13.48.

Liberty Global Company Profile

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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