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

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $14.40.

LBTYA has been the subject of several recent analyst reports. UBS Group raised their price objective on shares of Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a report on Wednesday, December 3rd. Citigroup increased their price target on shares of Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd.

Liberty Global Price Performance

Shares of NASDAQ LBTYA opened at $12.74 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.79. Liberty Global has a fifty-two week low of $9.02 and a fifty-two week high of $13.52. The business has a 50 day moving average price of $11.24 and a two-hundred day moving average price of $11.26. The firm has a market cap of $4.27 billion, a PE ratio of -0.61 and a beta of 1.02.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Wednesday, February 18th. The company reported ($8.60) EPS for the quarter, missing the consensus estimate of ($0.46) by ($8.14). The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. Sell-side analysts expect that Liberty Global will post -1.35 earnings per share for the current fiscal year.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $11.18, for a total transaction of $371,399.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 11.51% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

Large investors have recently bought and sold shares of the business. ACR Alpine Capital Research LLC boosted its position in Liberty Global by 1.5% during the 4th quarter. ACR Alpine Capital Research LLC now owns 21,546,970 shares of the company’s stock worth $240,033,000 after acquiring an additional 309,230 shares during the period. AQR Capital Management LLC lifted its holdings in Liberty Global by 75.0% in the fourth quarter. AQR Capital Management LLC now owns 13,423,957 shares of the company’s stock worth $149,543,000 after purchasing an additional 5,751,520 shares during the period. Rubric Capital Management LP grew its position in Liberty Global by 29.3% in the 4th quarter. Rubric Capital Management LP now owns 10,018,432 shares of the company’s stock valued at $111,605,000 after buying an additional 2,268,065 shares in the last quarter. Oaktree Capital Management LP grew its position in Liberty Global by 4.1% in the 3rd quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock valued at $97,997,000 after buying an additional 339,000 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Liberty Global by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 8,310,517 shares of the company’s stock valued at $92,581,000 after buying an additional 200,348 shares during the period. Institutional investors 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.