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

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have earned an average rating of “Hold” from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $14.2571.

LBTYA has been the subject of several research reports. Benchmark reiterated a “buy” rating and issued a $21.00 target price (up from $18.00) on shares of Liberty Global in a research report on Monday, August 4th. Zacks Research upgraded Liberty Global to a “hold” rating in a research report on Wednesday, September 3rd. Berenberg Bank upgraded Liberty Global to a “hold” rating in a research report on Thursday, June 26th. Finally, UBS Group increased their target price on Liberty Global from $10.60 to $11.80 and gave the company a “neutral” rating in a research report on Wednesday, August 6th.

Liberty Global Price Performance

Shares of LBTYA stock opened at $11.73 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global has a twelve month low of $9.02 and a twelve month high of $21.43. The company has a market cap of $4.00 billion, a P/E ratio of -1.20 and a beta of 1.15. The business has a fifty day simple moving average of $11.37 and a 200 day simple moving average of $10.62.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing the consensus estimate of ($0.55) by ($7.54). Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%.The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.20 billion. On average, sell-side analysts forecast that Liberty Global will post -1.35 EPS for the current fiscal year.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 60,000 shares of the firm’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total transaction of $678,600.00. Following the completion of the transaction, the chief financial officer directly owned 33,220 shares in the company, valued at $375,718.20. This trade represents a 64.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Miranda Curtis sold 42,600 shares of the firm’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $11.77, for a total value of $501,402.00. Following the transaction, the director owned 129,305 shares of the company’s stock, valued at $1,521,919.85. This trade represents a 24.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 136,980 shares of company stock worth $1,577,091. 13.29% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Liberty Global

A number of hedge funds have recently added to or reduced their stakes in LBTYA. CWM LLC increased its holdings in Liberty Global by 81.5% in the first quarter. CWM LLC now owns 2,285 shares of the company’s stock worth $26,000 after purchasing an additional 1,026 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Liberty Global by 79.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after purchasing an additional 1,238 shares in the last quarter. AlphaCore Capital LLC bought a new stake in Liberty Global in the second quarter worth approximately $46,000. Headlands Technologies LLC bought a new stake in Liberty Global in the second quarter worth approximately $47,000. Finally, Versant Capital Management Inc bought a new stake in Liberty Global in the first quarter worth approximately $50,000. 37.20% of the stock is currently owned by institutional investors.

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.