Analysts Set Liberty Global Ltd (NASDAQ:LBTYA) Price Target at $14.40

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been given an average recommendation of “Hold” by the seven ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.40.

A number of brokerages have recently weighed in on LBTYA. UBS Group boosted their price target on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Citigroup lifted their target price on shares of Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd.

Liberty Global Stock Down 2.5%

Shares of Liberty Global stock opened at $12.54 on Monday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $4.20 billion, a price-to-earnings ratio of -0.60 and a beta of 1.02. The firm’s 50-day moving average is $11.39 and its two-hundred day moving average is $11.31. Liberty Global has a 1 year low of $9.02 and a 1 year high of $13.52.

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

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 33,220 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The sale was disclosed in a document filed with the SEC, which is available at this link. 13.29% of the stock is owned by company insiders.

Hedge Funds Weigh In On Liberty Global

A number of institutional investors have recently bought and sold shares of the business. Quarry LP purchased a new stake in shares of Liberty Global in the 3rd quarter valued at $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of Liberty Global by 79.5% during 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 during the last quarter. Rothschild Investment LLC raised its holdings in shares of Liberty Global by 207.4% during the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after purchasing an additional 2,012 shares during the last quarter. Allworth Financial LP acquired a new position in Liberty Global during the third quarter valued at $42,000. Finally, AlphaCore Capital LLC purchased a new stake in Liberty Global in the second quarter valued at $46,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

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.