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

Liberty Global Ltd (NASDAQ:LBTYA) has been assigned an average rating of “Hold” from the six analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $16.15.

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

Insider Buying and Selling at Liberty Global

In related news, Director J David Wargo sold 55,000 shares of Liberty Global stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total value of $634,700.00. Following the completion of the transaction, the director directly 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 filing with the SEC, which is available through the SEC website. Company insiders own 4.34% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Hedge funds have recently added to or reduced their stakes in the stock. Quarry LP acquired a new position in shares of Liberty Global during the third quarter worth approximately $27,000. EverSource Wealth Advisors LLC grew its stake 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 valued at $28,000 after purchasing an additional 1,238 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Liberty Global in the third quarter valued at approximately $42,000. MAI Capital Management increased its holdings in shares of 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 purchasing an additional 983 shares in the last quarter. Finally, Headlands Technologies LLC bought a new position in Liberty Global in the 2nd quarter worth approximately $47,000. Institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $11.30 on Friday. Liberty Global has a 12-month low of $9.62 and a 12-month high of $13.52. The company has a market capitalization of $3.82 billion, a P/E ratio of -0.71 and a beta of 0.93. The firm has a 50-day moving average price of $11.77 and a 200 day moving average price of $11.70. 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 (NASDAQ:LBTYA) last issued its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of ($0.35) by $1.31. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. Research analysts forecast that Liberty Global will post -1.38 earnings per share for the current fiscal year.

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.