Liberty Global Ltd (NASDAQ:LBTYA) Given Consensus Rating of “Hold” by Brokerages

Liberty Global Ltd (NASDAQ:LBTYA) has received an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $16.0250.

Several equities research analysts have weighed in on LBTYA shares. Pivotal Research reaffirmed a “buy” rating and issued a $18.00 price target on shares of Liberty Global in a research note on Monday, May 4th. Zacks Research upgraded Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. UBS Group reduced their target price on Liberty Global from $12.60 to $12.10 and set a “neutral” rating for the company in a research note on Wednesday, July 8th. Finally, Weiss Ratings downgraded Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th.

Insider Activity at Liberty Global

In other news, Director J David Wargo sold 55,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total transaction of $634,700.00. Following the completion of the sale, the director owned 53,876 shares in the company, valued at $621,729.04. The trade was a 50.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 4.34% of the stock is currently owned by corporate insiders.

Institutional Trading of Liberty Global

Several hedge funds have recently bought and sold shares of LBTYA. Anchyra Partners LLC increased its stake in Liberty Global by 7.3% during the 1st quarter. Anchyra Partners LLC now owns 16,384 shares of the company’s stock valued at $198,000 after purchasing an additional 1,114 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Liberty Global by 79.5% in the second 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 in the last quarter. Caerus Investment Advisors LLC grew its holdings in shares of Liberty Global by 12.7% during the fourth quarter. Caerus Investment Advisors LLC now owns 11,930 shares of the company’s stock valued at $133,000 after buying an additional 1,348 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Liberty Global by 1.3% during the second quarter. California State Teachers Retirement System now owns 152,155 shares of the company’s stock valued at $1,523,000 after buying an additional 1,999 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Liberty Global by 54.2% during the first quarter. PNC Financial Services Group Inc. now owns 6,080 shares of the company’s stock worth $74,000 after acquiring an additional 2,137 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $10.53 on Thursday. The company has a market cap of $3.56 billion, a price-to-earnings ratio of -1.17 and a beta of 0.93. Liberty Global has a 52 week low of $9.43 and a 52 week high of $13.52. The company has a quick ratio of 1.11, a current ratio of 1.28 and a debt-to-equity ratio of 0.82. The firm has a 50 day moving average of $11.28 and a 200-day moving average of $11.63.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Friday, July 24th. The company reported ($1.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.48) by ($0.59). The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. On average, equities analysts forecast that Liberty Global will post -1.38 earnings per share for the current 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.