Liberty Global Ltd. (NASDAQ:LBTYA – Get Free Report) has earned an average rating of “Hold” from the nine ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $17.75.
LBTYA has been the topic of several recent research reports. Barclays lowered their price target 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. Benchmark reissued a “buy” rating and set a $27.00 price target on shares of Liberty Global in a research report on Tuesday, October 29th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Finally, Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd.
Read Our Latest Report on Liberty Global
Liberty Global Trading Up 0.4 %
Liberty Global (NASDAQ:LBTYA – Get Free Report) last announced its quarterly 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. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. As a group, equities analysts predict that Liberty Global will post -1.35 earnings per share for the current year.
Insiders Place Their Bets
In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the company’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now directly owns 16,153 shares in the company, valued at approximately $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction that occurred 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 owns 53,312 shares in the company, valued at $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.51% of the company’s stock.
Institutional Trading of Liberty Global
Large investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its stake in Liberty Global by 2.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock valued at $595,000 after purchasing an additional 606 shares during the last quarter. Private Advisor Group LLC increased its stake in Liberty Global by 8.1% in the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after purchasing an additional 835 shares during the last quarter. Stifel Financial Corp increased its stake in Liberty Global by 8.2% in the third quarter. Stifel Financial Corp now owns 12,717 shares of the company’s stock valued at $268,000 after purchasing an additional 968 shares during the last quarter. Blue Trust Inc. increased its stake in Liberty Global by 110.3% in the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after purchasing an additional 975 shares during the last quarter. Finally, Stratos Wealth Advisors LLC increased its stake in Liberty Global by 4.1% in the third quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock valued at $625,000 after purchasing an additional 1,162 shares during the last quarter. 37.20% of the stock is currently owned by hedge funds and other institutional investors.
Liberty Global Company Profile
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.
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