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

Liberty Global Ltd (NASDAQ:LBTYA) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $16.15.

A number of analysts have recently issued reports on LBTYA shares. Weiss Ratings cut Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 4th. UBS Group raised their target price on Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research report on Tuesday, March 31st. Pivotal Research reiterated a “buy” rating and set a $18.00 price target on shares of Liberty Global in a research note on Monday, May 4th. Finally, Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th.

Liberty Global Price Performance

NASDAQ LBTYA opened at $11.30 on Friday. Liberty Global has a twelve month low of $9.62 and a twelve month high of $13.52. The stock has a market cap of $3.82 billion, a PE ratio of -0.71 and a beta of 0.93. The firm has a 50-day simple moving average of $11.77 and a 200 day simple moving average of $11.70. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.35) by $1.31. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%.The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. On average, research analysts forecast that Liberty Global will post -1.38 EPS for the current year.

Insider Buying and Selling at Liberty Global

In related news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $11.54, for a total value of $634,700.00. Following the sale, the director owned 53,876 shares of the company’s stock, valued at $621,729.04. The trade was a 50.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 4.34% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new position in shares of Liberty Global in the 3rd quarter worth approximately $27,000. EverSource Wealth Advisors LLC boosted its stake in Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after buying an additional 1,238 shares in the last quarter. Allworth Financial LP bought a new stake in Liberty Global in the third quarter valued at $42,000. MAI Capital Management grew its position in Liberty Global by 27.5% in the third quarter. MAI Capital Management now owns 4,559 shares of the company’s stock valued at $52,000 after acquiring an additional 983 shares during the period. Finally, Headlands Technologies LLC acquired a new position in Liberty Global during the second quarter worth $47,000. 37.20% of the stock is owned by institutional investors and hedge funds.

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.