Liberty Global Ltd (NASDAQ:LBTYA) Receives $14.40 Consensus Target Price from Analysts

Liberty Global Ltd (NASDAQ:LBTYA) has received a consensus recommendation of “Reduce” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $14.40.

Several research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Liberty Global in a research report on Thursday, January 22nd. Zacks Research lowered Liberty Global from a “hold” rating to a “strong sell” rating in a research report on Friday, March 20th. Finally, UBS Group upped their target price on Liberty Global from $12.00 to $12.60 and gave the company a “neutral” rating in a research report on Tuesday, March 31st.

Liberty Global Trading Up 1.3%

Shares of NASDAQ:LBTYA opened at $12.11 on Tuesday. The business’s 50-day moving average is $12.29 and its 200 day moving average is $11.45. Liberty Global has a 1 year low of $9.02 and a 1 year high of $13.52. The firm has a market capitalization of $4.06 billion, a P/E ratio of -0.58 and a beta of 1.01. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.08 and a quick ratio of 1.08.

Liberty Global (NASDAQ:LBTYA) last announced its earnings results on Thursday, February 19th. The company reported ($8.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.46) by ($8.14). Liberty Global had a negative net margin of 146.30% and a negative return on equity of 58.32%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.21 billion. On average, research analysts predict that Liberty Global will post -1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. ACR Alpine Capital Research LLC increased its holdings in shares of Liberty Global by 1.5% in the fourth quarter. ACR Alpine Capital Research LLC now owns 21,546,970 shares of the company’s stock valued at $240,033,000 after purchasing an additional 309,230 shares during the period. AQR Capital Management LLC increased its holdings in shares of Liberty Global by 75.0% in the fourth quarter. AQR Capital Management LLC now owns 13,423,957 shares of the company’s stock valued at $149,543,000 after purchasing an additional 5,751,520 shares during the period. Rubric Capital Management LP increased its holdings in shares of Liberty Global by 29.3% in the fourth quarter. Rubric Capital Management LP now owns 10,018,432 shares of the company’s stock valued at $111,605,000 after purchasing an additional 2,268,065 shares during the period. Oaktree Capital Management LP increased its holdings in shares of Liberty Global by 4.1% in the third quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock valued at $97,997,000 after purchasing an additional 339,000 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Liberty Global by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 8,310,517 shares of the company’s stock valued at $92,581,000 after purchasing an additional 200,348 shares during the period. 37.20% of the stock is owned by institutional investors and hedge funds.

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.