Liberty Global Ltd (NASDAQ:LBTYA) Given Consensus Recommendation of “Hold” by Brokerages

Liberty Global Ltd (NASDAQ:LBTYA) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $16.15.

Several research firms have recently commented on LBTYA. Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. Pivotal Research reissued a “buy” rating and issued a $18.00 price objective on shares of Liberty Global in a report on Monday, May 4th. Zacks Research raised Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, UBS Group increased their price objective on Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a report on Tuesday, March 31st.

Liberty Global Trading Down 0.2%

NASDAQ:LBTYA opened at $12.02 on Wednesday. The company has a market cap of $4.06 billion, a P/E ratio of -0.75 and a beta of 0.92. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.79. Liberty Global has a twelve month low of $9.62 and a twelve month high of $13.52. The business has a 50 day moving average price of $12.07 and a two-hundred day moving average price of $11.71.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Friday, May 1st. The company reported $0.96 EPS for the quarter, beating the consensus estimate of ($0.35) by $1.31. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%. As a group, analysts expect that Liberty Global will post -1.38 EPS for the current fiscal year.

Institutional Investors Weigh In On Liberty Global

Hedge funds have recently added to or reduced their stakes in the business. Quarry LP acquired a new stake in Liberty Global during the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC lifted its holdings in Liberty Global by 79.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after purchasing an additional 1,238 shares during the last quarter. Rothschild Investment LLC lifted its holdings in Liberty Global by 207.4% during the 3rd quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock valued at $34,000 after purchasing an additional 2,012 shares during the last quarter. Allworth Financial LP acquired a new stake in Liberty Global during the 3rd quarter valued at $42,000. Finally, MAI Capital Management lifted its holdings in Liberty Global by 27.5% during the 3rd quarter. MAI Capital Management now owns 4,559 shares of the company’s stock valued at $52,000 after purchasing an additional 983 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.