Liberty Global Ltd. (NASDAQ:LBTYA) Receives $17.75 Average Price Target from Analysts

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have been given a consensus rating of “Hold” by the nine research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $17.75.

A number of analysts have recently issued reports on the company. Bank of America cut Liberty Global from a “neutral” rating to an “underperform” rating and lowered their price objective for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. Barclays decreased their target price on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, UBS Group downgraded shares of Liberty Global from a “buy” rating to a “neutral” rating and reduced their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th.

Insider Buying and Selling

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the completion of the sale, the insider now owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Liberty Global

Several large investors have recently modified their holdings of LBTYA. Blue Trust Inc. lifted its stake in Liberty Global by 58.1% during the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares during the last quarter. Spire Wealth Management acquired a new stake in Liberty Global during the 4th quarter worth approximately $59,000. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Global in the fourth quarter worth $73,000. VisionPoint Advisory Group LLC acquired a new stake in Liberty Global during the 4th quarter valued at approximately $123,000. Finally, Yousif Capital Management LLC acquired a new stake in shares of Liberty Global during the fourth quarter worth $128,000. 37.20% of the stock is owned by institutional investors.

Liberty Global Stock Performance

Shares of NASDAQ LBTYA opened at $11.33 on Tuesday. The company has a market cap of $4.05 billion, a P/E ratio of 2.70 and a beta of 1.24. Liberty Global has a 12 month low of $10.55 and a 12 month high of $21.56. The business’s 50 day moving average is $11.96 and its two-hundred day moving average is $16.24. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating the consensus estimate of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.04%. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.84 billion. On average, equities analysts expect that Liberty Global will post -1.35 EPS 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.