Analysts Set Liberty Global Ltd (NASDAQ:LBTYA) Price Target at $14.26

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been given an average rating of “Hold” by the nine brokerages that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $14.2571.

A number of equities research analysts have issued reports on LBTYA shares. Berenberg Bank upgraded Liberty Global to a “hold” rating in a research report on Thursday, June 26th. Zacks Research upgraded Liberty Global to a “hold” rating in a research report on Wednesday, September 3rd. UBS Group upped their price objective on Liberty Global from $10.60 to $11.80 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Citigroup decreased their price objective on Liberty Global from $13.00 to $11.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 28th. Finally, Benchmark restated a “buy” rating and set a $21.00 price objective (up from $18.00) on shares of Liberty Global in a research report on Monday, August 4th.

Liberty Global Price Performance

NASDAQ LBTYA opened at $11.54 on Monday. Liberty Global has a 12 month low of $9.02 and a 12 month high of $21.56. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of -1.18 and a beta of 1.17. The company’s 50 day moving average is $10.84 and its two-hundred day moving average is $10.60. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Friday, August 1st. The company reported ($8.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.55) by ($7.54). The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.20 billion. Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%. As a group, research analysts anticipate that Liberty Global will post -1.35 earnings per share for the current year.

Insider Transactions at Liberty Global

In related news, CAO Jason Waldron sold 34,380 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $11.55, for a total value of $397,089.00. Following the transaction, the chief accounting officer owned 8,383 shares of the company’s stock, valued at $96,823.65. This represents a 80.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Charles H. R. Bracken sold 60,000 shares of the stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $11.31, for a total value of $678,600.00. Following the sale, the chief financial officer directly owned 33,220 shares in the company, valued at $375,718.20. This trade represents a 64.36% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 136,980 shares of company stock worth $1,577,091. 13.29% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Liberty Global

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CWM LLC raised its stake in Liberty Global by 81.5% in the 1st quarter. CWM LLC now owns 2,285 shares of the company’s stock worth $26,000 after acquiring an additional 1,026 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Liberty Global by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,107 shares of the company’s stock worth $301,000 after acquiring an additional 1,153 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after acquiring an additional 1,238 shares during the last quarter. California State Teachers Retirement System raised its stake in Liberty Global by 1.3% in the 2nd quarter. California State Teachers Retirement System now owns 152,155 shares of the company’s stock worth $1,523,000 after acquiring an additional 1,999 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in Liberty Global by 11.8% in the 1st quarter. Private Advisor Group LLC now owns 20,163 shares of the company’s stock worth $232,000 after acquiring an additional 2,123 shares during the last quarter. Hedge funds and other institutional investors own 37.20% of the company’s stock.

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.