Liberty Global Sees Unusually Large Options Volume (NASDAQ:LBTYK)

Liberty Global PLC (NASDAQ:LBTYK) was the recipient of unusually large options trading on Thursday. Investors purchased 20,858 call options on the company. This is an increase of approximately 3,216% compared to the typical volume of 629 call options.

Shares of LBTYK traded down $0.05 during mid-day trading on Friday, hitting $25.57. The company’s stock had a trading volume of 2,340,129 shares, compared to its average volume of 1,906,002. Liberty Global has a one year low of $19.24 and a one year high of $30.26. The company has a debt-to-equity ratio of 6.85, a current ratio of 0.36 and a quick ratio of 0.40.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Wednesday, February 27th. The company reported $0.03 earnings per share for the quarter. The company had revenue of $2.95 billion during the quarter. Liberty Global had a negative return on equity of 2.41% and a net margin of 16.23%.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. First Mercantile Trust Co. raised its stake in Liberty Global by 5.4% during the fourth quarter. First Mercantile Trust Co. now owns 70,654 shares of the company’s stock worth $1,458,000 after acquiring an additional 3,594 shares in the last quarter. Cerebellum GP LLC raised its stake in Liberty Global by 78.1% during the fourth quarter. Cerebellum GP LLC now owns 12,009 shares of the company’s stock worth $248,000 after acquiring an additional 5,267 shares in the last quarter. First Republic Investment Management Inc. raised its stake in Liberty Global by 40.6% during the third quarter. First Republic Investment Management Inc. now owns 46,183 shares of the company’s stock worth $1,301,000 after acquiring an additional 13,328 shares in the last quarter. Mackenzie Financial Corp acquired a new position in Liberty Global during the third quarter worth $315,000. Finally, OLD National Bancorp IN raised its stake in Liberty Global by 14.2% during the fourth quarter. OLD National Bancorp IN now owns 10,724 shares of the company’s stock worth $221,000 after acquiring an additional 1,334 shares in the last quarter. Institutional investors and hedge funds own 58.36% of the company’s stock.

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Liberty Global Company Profile

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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