Liberty Global Ltd. (NASDAQ:LBTYA) Given Average Recommendation of “Hold” by Analysts

Liberty Global Ltd. (NASDAQ:LBTYA) has received an average recommendation of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $18.13.

A number of research analysts have recently issued reports on the company. Bank of America lowered Liberty Global from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $13.10 to $12.60 in a report on Friday, December 6th. Benchmark reissued a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $23.00 to $13.00 in a research report on Monday, November 18th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, December 5th. Finally, Barclays cut their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, November 25th.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $11.88 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. The stock has a market cap of $4.25 billion, a P/E ratio of -1.17 and a beta of 1.25. The stock has a 50 day moving average of $12.74 and a two-hundred day moving average of $17.29. Liberty Global has a twelve month low of $10.93 and a twelve month high of $21.56.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the transaction, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.51% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC boosted its stake in shares of Liberty Global by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock valued at $27,000 after purchasing an additional 601 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Liberty Global by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock worth $595,000 after buying an additional 606 shares in the last quarter. Private Advisor Group LLC boosted its position in Liberty Global by 8.1% in the 3rd quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after buying an additional 835 shares during the last quarter. Stifel Financial Corp grew its stake in shares of Liberty Global by 8.2% during the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock valued at $268,000 after acquiring an additional 968 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of Liberty Global by 110.3% during the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock worth $39,000 after acquiring an additional 975 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.