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

Liberty Global Ltd. (NASDAQ:LBTYAGet Free Report) has been given a consensus rating of “Hold” by the seven analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $26.36.

Several analysts recently commented on the stock. TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Thursday, January 25th. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating in a research report on Friday, February 23rd. Citigroup upgraded Liberty Global from a “neutral” rating to a “buy” rating and increased their target price for the stock from $20.00 to $24.00 in a research report on Friday, February 9th. HSBC lowered Liberty Global from a “buy” rating to a “hold” rating and cut their target price for the stock from $26.00 to $20.00 in a research report on Monday, March 18th. Finally, New Street Research restated a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th.

Read Our Latest Research Report on LBTYA

Insider Activity

In other news, Director Paul A. Gould sold 50,000 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $19.79, for a total value of $989,500.00. Following the transaction, the director now owns 949,059 shares in the company, valued at approximately $18,781,877.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Paul A. Gould sold 50,000 shares of the stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $19.79, for a total transaction of $989,500.00. Following the completion of the sale, the director now directly owns 949,059 shares in the company, valued at $18,781,877.61. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Bryan H. Hall sold 25,000 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $18.24, for a total value of $456,000.00. Following the completion of the transaction, the executive vice president now owns 144,934 shares in the company, valued at approximately $2,643,596.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 101,226 shares of company stock worth $1,942,250. 9.45% of the stock is owned by corporate insiders.

Institutional Trading of Liberty Global

Institutional investors have recently added to or reduced their stakes in the business. Artisan Partners Limited Partnership boosted its stake in shares of Liberty Global by 0.6% during the 4th quarter. Artisan Partners Limited Partnership now owns 14,141,397 shares of the company’s stock worth $251,293,000 after acquiring an additional 80,267 shares in the last quarter. BlackRock Inc. boosted its position in Liberty Global by 9.6% during the second quarter. BlackRock Inc. now owns 8,328,193 shares of the company’s stock worth $140,413,000 after purchasing an additional 728,809 shares during the period. Norges Bank acquired a new position in Liberty Global during the fourth quarter valued at approximately $92,196,000. Thompson Siegel & Walmsley LLC raised its position in shares of Liberty Global by 8.5% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 4,518,231 shares of the company’s stock valued at $80,290,000 after purchasing an additional 352,488 shares during the period. Finally, State of Wisconsin Investment Board lifted its stake in shares of Liberty Global by 28.8% in the second quarter. State of Wisconsin Investment Board now owns 4,406,158 shares of the company’s stock worth $74,288,000 after buying an additional 985,940 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Trading Down 0.1 %

Shares of Liberty Global stock opened at $16.92 on Friday. The company has a fifty day simple moving average of $18.19 and a 200-day simple moving average of $17.29. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. Liberty Global has a 12-month low of $15.01 and a 12-month high of $20.56. The stock has a market cap of $6.39 billion, a price-to-earnings ratio of -1.80 and a beta of 1.18.

Liberty Global (NASDAQ:LBTYAGet Free Report) last released its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.35) by ($7.88). Liberty Global had a negative return on equity of 19.26% and a negative net margin of 54.08%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. On average, equities analysts forecast that Liberty Global will post -0.61 EPS for the current fiscal year.

Liberty Global Company Profile

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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.

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Analyst Recommendations for Liberty Global (NASDAQ:LBTYA)

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