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

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have received a consensus rating of “Hold” from the seven research firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $26.36.

Several research firms recently weighed in on LBTYA. HSBC downgraded shares of Liberty Global from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $26.00 to $20.00 in a report on Monday, March 18th. Citigroup raised shares of Liberty Global from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $20.00 to $24.00 in a report on Friday, February 9th. New Street Research reaffirmed a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a report on Thursday, January 25th. Finally, Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating in a report on Friday, February 23rd.

Insiders Place Their Bets

In other Liberty Global news, EVP Andrea Salvato sold 32,403 shares of the business’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $17.70, for a total transaction of $573,533.10. Following the sale, the executive vice president now owns 102,286 shares in the company, valued at approximately $1,810,462.20. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Liberty Global news, Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the transaction, the director now owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Andrea Salvato sold 32,403 shares of Liberty Global stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $17.70, for a total value of $573,533.10. Following the transaction, the executive vice president now directly owns 102,286 shares in the company, valued at approximately $1,810,462.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 113,629 shares of company stock worth $2,046,783. 11.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Liberty Global

Several institutional investors and hedge funds have recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its holdings in Liberty Global by 148.1% in the third quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company’s stock worth $39,000 after buying an additional 1,357 shares during the last quarter. Bfsg LLC acquired a new position in Liberty Global in the fourth quarter worth approximately $106,000. Anchor Investment Management LLC acquired a new position in Liberty Global in the fourth quarter worth approximately $141,000. Tevis Investment Management acquired a new position in Liberty Global in the first quarter worth approximately $180,000. Finally, Advisor Partners II LLC acquired a new position in Liberty Global in the third quarter worth approximately $209,000. Hedge funds and other institutional investors own 37.20% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA opened at $16.70 on Wednesday. Liberty Global has a 1 year low of $15.01 and a 1 year high of $20.56. The company has a market cap of $6.31 billion, a price-to-earnings ratio of -1.78 and a beta of 1.18. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a fifty day moving average of $17.22 and a 200-day moving average of $17.20.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($7.88). The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. As a group, equities analysts anticipate that Liberty Global will post -0.61 earnings per share for the current year.

About Liberty Global

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.