Liberty Global Ltd. (NASDAQ:LBTYA) Receives Average Rating of “Hold” from Analysts

Liberty Global Ltd. (NASDAQ:LBTYA) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $17.75.

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft decreased their price target on Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and decreased their price target for the company from $13.10 to $12.60 in a research note on Friday, December 6th. UBS Group cut Liberty Global from a “buy” rating to a “neutral” rating and decreased their price target for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Barclays cut their price objective on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, November 25th. Finally, Sanford C. Bernstein lowered Liberty Global from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $24.70 to $12.40 in a report on Thursday, January 23rd.

Liberty Global Trading Up 0.5 %

Shares of NASDAQ LBTYA opened at $11.51 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19. The stock has a market capitalization of $4.01 billion, a P/E ratio of 2.75 and a beta of 1.27. Liberty Global has a 1-year low of $10.55 and a 1-year high of $21.56. The business has a fifty day moving average price of $11.57 and a 200 day moving average price of $15.39.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. Equities research analysts expect that Liberty Global will post -1.35 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction 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 sale, the insider now owns 16,153 shares in the company, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.51% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Liberty Global

Several institutional investors and hedge funds have recently modified their holdings of LBTYA. ACR Alpine Capital Research LLC increased its holdings in Liberty Global by 333.3% during the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company’s stock worth $221,730,000 after purchasing an additional 13,366,743 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Liberty Global by 2,799.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock worth $98,079,000 after acquiring an additional 4,485,823 shares in the last quarter. Norges Bank acquired a new position in shares of Liberty Global during the 4th quarter worth about $48,381,000. Wolf Hill Capital Management LP acquired a new position in shares of Liberty Global during the 4th quarter worth about $27,413,000. Finally, Contour Asset Management LLC acquired a new position in shares of Liberty Global during the 4th quarter worth about $25,730,000. Hedge funds and other institutional investors 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.