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

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been assigned a consensus recommendation of “Hold” from the nine research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $15.00.

A number of equities analysts have commented on the company. UBS Group raised their price objective on Liberty Global from $11.80 to $12.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 3rd. Citigroup increased their price objective on shares of Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a report on Wednesday, October 8th.

Insider Buying and Selling at Liberty Global

In other news, CFO Charles H. R. Bracken sold 33,220 shares of Liberty Global stock in a transaction on Monday, December 8th. The stock was sold at an average price of $11.18, for a total value of $371,399.60. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 13.29% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Several hedge funds have recently modified their holdings of LBTYA. Quarry LP bought a new stake in Liberty Global during the 3rd quarter worth $27,000. EverSource Wealth Advisors LLC boosted its stake in shares of Liberty Global by 79.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after purchasing an additional 1,238 shares in the last quarter. Rothschild Investment LLC grew its holdings in shares of Liberty Global by 207.4% during the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock worth $34,000 after purchasing an additional 2,012 shares during the last quarter. Allworth Financial LP bought a new stake in shares of Liberty Global during the third quarter worth about $42,000. Finally, AlphaCore Capital LLC acquired a new position in shares of Liberty Global in the second quarter valued at approximately $46,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Performance

NASDAQ:LBTYA opened at $10.59 on Friday. The stock has a 50 day simple moving average of $11.03 and a 200 day simple moving average of $10.99. The stock has a market cap of $3.57 billion, a P/E ratio of -1.74 and a beta of 1.04. Liberty Global has a 1-year low of $9.02 and a 1-year high of $12.22. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $1.45 by ($1.72). Liberty Global had a negative return on equity of 14.71% and a negative net margin of 41.44%.The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.23 billion. Research analysts anticipate that Liberty Global will post -1.35 earnings per share for the current year.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.