Investors Purchase Large Volume of Call Options on Liberty Global (LBTYK)

Liberty Global (NASDAQ:LBTYK) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 1,468 call options on the stock. This is an increase of 2,836% compared to the average daily volume of 50 call options.

Institutional investors have recently added to or reduced their stakes in the business. Ladenburg Thalmann Financial Services Inc. increased its position in Liberty Global by 111.2% during the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,565 shares of the company’s stock worth $426,000 after buying an additional 6,616 shares in the last quarter. BlackRock Inc. grew its position in shares of Liberty Global by 0.3% in the fourth quarter. BlackRock Inc. now owns 16,810,262 shares of the company’s stock valued at $568,858,000 after purchasing an additional 48,916 shares during the period. State of Wisconsin Investment Board purchased a new stake in shares of Liberty Global in the fourth quarter valued at $37,744,000. St. James Investment Company LLC grew its position in shares of Liberty Global by 2,169.2% in the fourth quarter. St. James Investment Company LLC now owns 897,575 shares of the company’s stock valued at $30,374,000 after purchasing an additional 858,020 shares during the period. Finally, Guggenheim Capital LLC grew its position in shares of Liberty Global by 10.7% in the fourth quarter. Guggenheim Capital LLC now owns 120,228 shares of the company’s stock valued at $4,070,000 after purchasing an additional 11,578 shares during the period. 59.74% of the stock is owned by institutional investors.

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Liberty Global stock opened at $31.41 on Wednesday. The company has a debt-to-equity ratio of 5.95, a quick ratio of 0.43 and a current ratio of 0.43. Liberty Global has a fifty-two week low of $27.36 and a fifty-two week high of $37.86.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Wednesday, February 14th. The company reported ($0.68) earnings per share for the quarter. The company had revenue of $3.99 billion for the quarter. Liberty Global had a negative return on equity of 21.22% and a negative net margin of 15.83%.

Separately, ValuEngine cut Liberty Global from a “hold” rating to a “sell” rating in a report on Thursday, March 1st.

About Liberty Global

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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