John Winter Buys 5,071 Shares of Liberty Global (NASDAQ:LILAK) Stock

by · The Cerbat Gem

Liberty Global PLC (NASDAQ:LILAK – Get Free Report) SVP John Winter bought 5,071 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were acquired at an average price of $19.67 per share, with a total value of $99,746.57. Following the completion of the transaction, the senior vice president owned 64,547 shares of the company’s stock, valued at approximately $1,269,639.49. The trade was a 8.53% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Liberty Global Trading Up 2.1%

Shares of LILAK traded up $0.16 during trading hours on Tuesday, reaching $7.79. 1,956,035 shares of the company traded hands, compared to its average volume of 1,056,994. The stock’s fifty day moving average price is $7.68 and its 200 day moving average price is $7.85. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 6.78. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -3.14 and a beta of 0.71. Liberty Global PLC has a 12-month low of $4.76 and a 12-month high of $9.13.

Liberty Global (NASDAQ:LILAK – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.15). Liberty Global had a negative return on equity of 43.70% and a negative net margin of 11.20%.The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.09 billion.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LILAK. Wall Street Zen downgraded shares of Liberty Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Liberty Global presently has an average rating of “Reduce” and a consensus target price of $8.20.

View Our Latest Stock Analysis on LILAK

Hedge Funds Weigh In On Liberty Global

A number of hedge funds and other institutional investors have recently modified their holdings of LILAK. AQR Capital Management LLC increased its holdings in Liberty Global by 67.3% during the first quarter. AQR Capital Management LLC now owns 198,628 shares of the company’s stock valued at $1,233,000 after buying an additional 79,917 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Liberty Global by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,003 shares of the company’s stock worth $478,000 after buying an additional 3,234 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Liberty Global by 10.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 367,176 shares of the company’s stock valued at $2,280,000 after acquiring an additional 35,844 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Liberty Global by 316.4% in the 1st quarter. Jane Street Group LLC now owns 153,799 shares of the company’s stock valued at $955,000 after acquiring an additional 116,861 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of Liberty Global by 1.6% in the 2nd quarter. Legal & General Group Plc now owns 158,315 shares of the company’s stock valued at $985,000 after acquiring an additional 2,533 shares during the period. 52.98% of the stock is currently owned by institutional investors.

Liberty Global Company Profile

(Get Free Report)

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.

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