Liberty Global Ltd. (NASDAQ:LBTYA) Given Average Rating of “Hold” by Analysts

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have received a consensus recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $26.36.

A number of analysts recently weighed in on LBTYA shares. UBS Group reduced their price objective on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating on the stock in a research report on Monday, February 26th. Citigroup raised shares of Liberty Global from a “neutral” rating to a “buy” rating and raised their target price for the stock from $20.00 to $24.00 in a research report on Friday, February 9th. TheStreet raised shares of Liberty Global from a “d+” rating to a “c-” rating in a research report on Thursday, January 25th. New Street Research reaffirmed a “neutral” rating on shares of Liberty Global in a research report on Wednesday, February 28th. Finally, Barclays raised their target price on shares of Liberty Global from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, January 12th.

Liberty Global Stock Up 1.5 %

Shares of NASDAQ LBTYA opened at $16.70 on Wednesday. The firm’s 50-day moving average price is $17.22 and its 200-day moving average price is $17.20. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of -1.78 and a beta of 1.18. Liberty Global has a 12-month low of $15.01 and a 12-month high of $20.56.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($7.88). The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. On average, equities research analysts anticipate that Liberty Global will post -0.61 EPS for the current fiscal year.

Insiders Place Their Bets

In other Liberty Global news, Director J David Wargo sold 30,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total value of $520,500.00. Following the completion of the transaction, the director now owns 159,632 shares of the company’s stock, valued at $2,769,615.20. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of Liberty Global stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total value of $216,549.54. Following the completion of the transaction, the chief accounting officer now owns 70,666 shares of the company’s stock, valued at $1,363,147.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director J David Wargo sold 30,000 shares of Liberty Global stock in a transaction on Monday, April 15th. The shares were sold at an average price of $17.35, for a total transaction of $520,500.00. Following the completion of the transaction, the director now directly owns 159,632 shares of the company’s stock, valued at approximately $2,769,615.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 113,629 shares of company stock valued at $2,046,783. Insiders own 11.51% of the company’s stock.

Institutional Trading of Liberty Global

Several institutional investors have recently modified their holdings of the stock. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in shares of Liberty Global by 4.2% in the third quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 25,000 shares of the company’s stock valued at $428,000 after purchasing an additional 1,000 shares during the period. EverSource Wealth Advisors LLC boosted its position in Liberty Global by 148.1% during the third quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company’s stock worth $39,000 after acquiring an additional 1,357 shares during the last quarter. ARGA Investment Management LP boosted its position in Liberty Global by 1.7% during the first quarter. ARGA Investment Management LP now owns 94,600 shares of the company’s stock worth $1,601,000 after acquiring an additional 1,591 shares during the last quarter. Bfsg LLC boosted its position in Liberty Global by 45.5% during the first quarter. Bfsg LLC now owns 8,681 shares of the company’s stock worth $147,000 after acquiring an additional 2,715 shares during the last quarter. Finally, BKM Wealth Management LLC boosted its position in Liberty Global by 18.8% during the first quarter. BKM Wealth Management LLC now owns 27,352 shares of the company’s stock worth $463,000 after acquiring an additional 4,326 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

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.