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

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have been given an average recommendation of “Hold” by the nine analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $17.75.

LBTYA has been the subject of several research analyst reports. UBS Group downgraded Liberty Global from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $23.00 to $13.00 in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their price target for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Benchmark reissued a “buy” rating and issued a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Finally, Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating and dropped their price target for the company from $13.10 to $12.60 in a research report on Friday, December 6th.

Insider Transactions at Liberty Global

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction 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 represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the transaction, the insider now directly owns 16,153 shares in the company, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.51% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Liberty Global by 4.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,844,357 shares of the company’s stock worth $61,814,000 after purchasing an additional 198,269 shares during the period. Voloridge Investment Management LLC purchased a new stake in Liberty Global during the fourth quarter worth about $304,000. Wolverine Trading LLC raised its position in Liberty Global by 295.4% in the fourth quarter. Wolverine Trading LLC now owns 19,824 shares of the company’s stock worth $248,000 after acquiring an additional 29,971 shares during the period. Wexford Capital LP purchased a new position in Liberty Global in the fourth quarter valued at about $791,000. Finally, Squarepoint Ops LLC grew its position in shares of Liberty Global by 429.8% during the 4th quarter. Squarepoint Ops LLC now owns 186,676 shares of the company’s stock valued at $2,382,000 after acquiring an additional 243,276 shares during the period. 37.20% of the stock is owned by institutional investors.

Liberty Global Stock Up 0.7 %

NASDAQ:LBTYA opened at $11.03 on Tuesday. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of -1.09 and a beta of 1.24. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global has a twelve month low of $10.82 and a twelve month high of $21.56. The stock’s 50 day moving average price is $12.07 and its two-hundred day moving average price is $16.39.

About Liberty Global

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.