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

Wall Street Zen upgraded shares of Liberty Global (NASDAQ:LILAK) from a hold rating to a buy rating in a report released on Saturday morning.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Liberty Global presently has an average rating of “Reduce” and an average price target of $8.20.

Liberty Global Price Performance

Liberty Global stock opened at $8.12 on Friday. Liberty Global has a 12-month low of $4.23 and a 12-month high of $9.13. 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 50-day moving average price of $7.71 and a 200-day moving average price of $8.03. The firm has a market capitalization of $1.63 billion, a PE ratio of -2.65 and a beta of 0.99.

Liberty Global (NASDAQ:LILAK) last announced its quarterly earnings data 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). Liberty Global had a negative return on equity of 48.22% and a negative net margin of 13.76%.The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.10 billion.

Institutional Investors Weigh In On Liberty Global

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in Liberty Global during the second quarter worth $30,000. PNC Financial Services Group Inc. boosted its position in shares of Liberty Global by 45.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,773 shares of the company’s stock valued at $36,000 after acquiring an additional 1,797 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of Liberty Global in the third quarter valued at about $50,000. Headlands Technologies LLC grew its holdings in shares of Liberty Global by 85.9% in the second quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock valued at $53,000 after purchasing an additional 3,934 shares during the period. Finally, Xponance LLC acquired a new stake in Liberty Global during the fourth quarter worth about $75,000. Institutional investors and hedge funds own 52.98% of the company’s stock.

Liberty Global Company Profile

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.