Liberty Global Ltd (NASDAQ:LBTYA) Stock Now Rated “Hold” by Wall Street Brokerages

Liberty Global Ltd (NASDAQ:LBTYA) has been assigned an average recommendation of “Hold” from the six brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $13.22.

LBTYA has been the topic of several analyst reports. Wall Street Zen raised Liberty Global to a “sell” rating in a report on Saturday. Barclays decreased their price target on Liberty Global from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 18th. New Street Research upgraded Liberty Global to a “buy” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st. Finally, UBS Group cut their price objective on shares of Liberty Global from $12.10 to $11.90 and set a “neutral” rating for the company in a research report on Tuesday, August 4th.

Hedge Funds Weigh In On Liberty Global

Hedge funds have recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in shares of Liberty Global by 42.1% in the 2nd quarter. Allworth Financial LP now owns 4,590 shares of the company’s stock valued at $52,000 after purchasing an additional 1,360 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Liberty Global by 54.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,080 shares of the company’s stock valued at $74,000 after purchasing an additional 2,137 shares during the last quarter. Trust Co. of Vermont bought a new position in shares of Liberty Global in the 2nd quarter valued at $76,000. State of Alaska Department of Revenue raised its holdings in shares of Liberty Global by 31.4% during the 3rd quarter. State of Alaska Department of Revenue now owns 15,348 shares of the company’s stock worth $140,000 after buying an additional 3,668 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of Liberty Global by 26.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 14,042 shares of the company’s stock worth $160,000 after buying an additional 2,926 shares in the last quarter. 37.20% of the stock is owned by institutional investors.

Liberty Global Trading Down 3.8%

Shares of NASDAQ:LBTYA opened at $7.50 on Tuesday. The company has a market capitalization of $2.56 billion, a P/E ratio of -0.84 and a beta of 0.99. Liberty Global has a 1 year low of $7.48 and a 1 year high of $13.52. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The business’s 50 day simple moving average is $9.86 and its 200 day simple moving average is $10.94.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Friday, July 24th. The company reported ($1.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.34 billion. Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%. On average, research analysts anticipate that Liberty Global will post -1.47 EPS for the current fiscal year.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line, video and related digital services. Its offerings generally include high-speed internet, television, telephony, mobile connectivity and business communications services for residential and enterprise customers.

The company has operations and strategic investments across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, as well as 50% interests in Virgin Media O2 in the United Kingdom, a joint venture with Telefónica, and VodafoneZiggo in the Netherlands, a joint venture with Vodafone.