Liberty Global Ltd (NASDAQ:LBTYA) Stock Has Average Target Price of $12.78 According to Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have earned an average rating of “Hold” from the seven brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $12.78.

A number of analysts have issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, October 29th. Wall Street Zen upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a report on Saturday. New Street Research raised shares of Liberty Global from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Tuesday, October 20th. UBS Group lowered their target price on shares of Liberty Global from $12.10 to $11.90 and set a “neutral” rating for the company in a report on Tuesday, August 4th. Finally, Barclays dropped their price target on shares of Liberty Global from $10.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 20th.

Insider Activity

In other news, EVP Enrique Rodriguez acquired 211,313 shares of Liberty Global stock in a transaction dated Wednesday, November 4th. The shares were acquired at an average cost of $9.45 per share, with a total value of $1,996,907.85. Following the purchase, the executive vice president directly owned 602,378 shares of the company’s stock, valued at approximately $5,692,472.10. This trade represents a 54.04% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael T. Fries acquired 110,000 shares of the company’s stock in a transaction dated Wednesday, November 4th. The stock was acquired at an average cost of $9.37 per share, with a total value of $1,030,700.00. Following the transaction, the chief executive officer directly owned 1,238,525 shares of the company’s stock, valued at approximately $11,604,979.25. This represents a 9.75% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 4.34% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently bought and sold shares of LBTYA. Lancaster Investment Management bought a new stake in Liberty Global in the third quarter valued at about $34,336,000. ACR Alpine Capital Research LLC increased its stake in Liberty Global by 9.7% during the first quarter. ACR Alpine Capital Research LLC now owns 23,644,817 shares of the company’s stock valued at $285,866,000 after purchasing an additional 2,097,847 shares during the last quarter. Rubric Capital Management LP raised its holdings in shares of Liberty Global by 17.3% during the first quarter. Rubric Capital Management LP now owns 11,752,855 shares of the company’s stock worth $142,092,000 after purchasing an additional 1,734,423 shares during the period. Troluce Capital Advisors LLC acquired a new stake in shares of Liberty Global during the first quarter worth $9,759,000. Finally, Dimensional Fund Advisors LP lifted its position in shares of Liberty Global by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,832,267 shares of the company’s stock worth $106,782,000 after buying an additional 521,750 shares during the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Stock Up 0.9%

NASDAQ LBTYA opened at $9.99 on Friday. Liberty Global has a 1-year low of $7.36 and a 1-year high of $13.52. The business has a 50 day moving average price of $9.22 and a 200 day moving average price of $10.97. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.82.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.32) by $1.64. Liberty Global had a negative return on equity of 25.59% and a negative net margin of 44.40%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.71 billion. As a group, analysts anticipate that Liberty Global will post -1.47 earnings per share for the current fiscal year.

About Liberty Global

Liberty Global is an international telecommunications company that provides broadband, mobile, television and fixed-line voice services through operating companies and joint ventures. Its businesses serve residential and business customers, with offerings that include internet access, mobile connectivity, video services and related communications products.

The company’s European portfolio includes Virgin Media O2 in the United Kingdom, VodafoneZiggo in the Netherlands and Telenet in Belgium.