Traders Purchase Large Volume of Liberty Global Call Options (NASDAQ:LBTYK)

Liberty Global PLC (NASDAQ:LBTYK) saw some unusual options trading activity on Wednesday. Investors purchased 5,529 call options on the stock. This is an increase of approximately 2,496% compared to the typical volume of 213 call options.

Shares of NASDAQ LBTYK opened at $27.42 on Friday. Liberty Global has a 12-month low of $19.24 and a 12-month high of $28.77. The company has a debt-to-equity ratio of 6.85, a current ratio of 0.36 and a quick ratio of 0.36. The company’s 50-day simple moving average is $25.97.

Liberty Global (NASDAQ:LBTYK) last posted its earnings results on Monday, May 6th. The company reported ($0.43) earnings per share for the quarter. The firm had revenue of $2.87 billion during the quarter. Liberty Global had a net margin of 16.23% and a negative return on equity of 2.41%.

Separately, BidaskClub cut shares of Ames National from a “hold” rating to a “sell” rating in a research note on Wednesday.

A number of large investors have recently bought and sold shares of the business. Boston Partners boosted its holdings in Liberty Global by 90.3% in the 1st quarter. Boston Partners now owns 11,841,063 shares of the company’s stock valued at $286,673,000 after purchasing an additional 5,618,382 shares during the last quarter. Foxhaven Asset Management LP boosted its holdings in Liberty Global by 13.7% in the 4th quarter. Foxhaven Asset Management LP now owns 6,605,015 shares of the company’s stock valued at $136,328,000 after purchasing an additional 794,676 shares during the last quarter. ACR Alpine Capital Research LLC lifted its holdings in shares of Liberty Global by 18.7% in the 1st quarter. ACR Alpine Capital Research LLC now owns 6,462,856 shares of the company’s stock worth $156,465,000 after acquiring an additional 1,017,687 shares during the last quarter. CI Investments Inc. lifted its holdings in shares of Liberty Global by 10.6% in the 4th quarter. CI Investments Inc. now owns 5,960,300 shares of the company’s stock worth $123,021,000 after acquiring an additional 573,400 shares during the last quarter. Finally, Macquarie Group Ltd. lifted its holdings in shares of Liberty Global by 12.5% in the 4th quarter. Macquarie Group Ltd. now owns 5,284,683 shares of the company’s stock worth $109,075,000 after acquiring an additional 588,652 shares during the last quarter. Institutional investors own 59.22% of the company’s stock.

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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