Liberty Global Ltd (NASDAQ:LBTYA) Given Consensus Recommendation of “Hold” by Brokerages

Liberty Global Ltd (NASDAQ:LBTYA) has received an average rating of “Hold” from the ten research firms that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $14.2571.

LBTYA has been the topic of a number of recent research reports. Benchmark reiterated a “buy” rating and issued a $21.00 price objective (up from $18.00) on shares of Liberty Global in a report on Monday, August 4th. Zacks Research upgraded shares of Liberty Global to a “hold” rating in a report on Wednesday, September 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Wednesday, October 8th. Finally, UBS Group boosted their target price on shares of Liberty Global from $10.60 to $11.80 and gave the stock a “neutral” rating in a report on Wednesday, August 6th.

Insider Buying and Selling

In related news, CAO Jason Waldron sold 34,380 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $11.55, for a total transaction of $397,089.00. Following the transaction, the chief accounting officer directly owned 8,383 shares in the company, valued at approximately $96,823.65. The trade was a 80.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Charles H. R. Bracken sold 60,000 shares of the business’s stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $11.31, for a total transaction of $678,600.00. Following the transaction, the chief financial officer owned 33,220 shares in the company, valued at approximately $375,718.20. The trade was a 64.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 136,980 shares of company stock worth $1,577,091. Insiders own 13.29% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

Institutional investors have recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC boosted its position in Liberty Global by 3.5% during the third quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock worth $243,384,000 after purchasing an additional 719,589 shares during the period. Oaktree Capital Management LP boosted its position in Liberty Global by 14.0% during the second quarter. Oaktree Capital Management LP now owns 8,212,191 shares of the company’s stock worth $82,204,000 after purchasing an additional 1,008,001 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Liberty Global by 0.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,865,128 shares of the company’s stock worth $55,998,000 after purchasing an additional 20,771 shares during the period. Lancaster Investment Management boosted its position in Liberty Global by 91.5% during the second quarter. Lancaster Investment Management now owns 4,506,798 shares of the company’s stock worth $45,113,000 after purchasing an additional 2,152,798 shares during the period. Finally, Norges Bank bought a new position in Liberty Global during the second quarter worth $37,954,000. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Price Performance

NASDAQ LBTYA opened at $11.00 on Tuesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.59. Liberty Global has a 12-month low of $9.02 and a 12-month high of $20.88. The company has a market capitalization of $3.75 billion, a PE ratio of -1.13 and a beta of 1.15. The firm’s 50 day moving average is $11.43 and its 200-day moving average is $10.61.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Thursday, October 30th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.45 by ($1.72). Liberty Global had a negative net margin of 60.38% and a negative return on equity of 22.64%. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.23 billion. Equities research analysts anticipate that Liberty Global will post -1.35 earnings per share for the current fiscal year.

Liberty Global Company Profile

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.