Liberty Global Ltd (NASDAQ:LBTYA) Receives Average Recommendation of “Hold” from Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have received a consensus rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $14.40.

Several brokerages recently weighed in on LBTYA. UBS Group boosted their target price on shares of Liberty Global from $11.80 to $12.60 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd. Citigroup boosted their price objective on shares of Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research report on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd.

Insiders Place Their Bets

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the firm’s stock in a transaction dated 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 can be accessed through this hyperlink. Company insiders own 11.51% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

A number of large investors have recently modified their holdings of LBTYA. Copley Financial Group Inc. boosted its stake in shares of Liberty Global by 7.8% in the third quarter. Copley Financial Group Inc. now owns 12,801 shares of the company’s stock valued at $147,000 after purchasing an additional 931 shares during the period. MAI Capital Management increased its stake in Liberty Global by 27.5% during the 3rd quarter. MAI Capital Management now owns 4,559 shares of the company’s stock worth $52,000 after buying an additional 983 shares during the period. NorthCrest Asset Manangement LLC lifted its holdings in Liberty Global by 9.0% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,743 shares of the company’s stock worth $139,000 after buying an additional 1,050 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Liberty Global by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 30,107 shares of the company’s stock valued at $301,000 after buying an additional 1,153 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in Liberty Global by 79.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock valued at $28,000 after buying an additional 1,238 shares during the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Global Stock Up 1.8%

LBTYA stock opened at $12.74 on Monday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 1.08. The company’s 50 day simple moving average is $11.24 and its 200-day simple moving average is $11.26. Liberty Global has a 12 month low of $9.02 and a 12 month high of $13.52. The firm has a market capitalization of $4.27 billion, a PE ratio of -0.61 and a beta of 1.02.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Wednesday, February 18th. The company reported ($8.60) earnings per share for the quarter, missing the consensus estimate of ($0.46) by ($8.14). Liberty Global had a negative return on equity of 58.32% and a negative net margin of 146.30%.The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Equities analysts expect that Liberty Global will post -1.35 earnings per share for the current fiscal year.

About Liberty Global

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.