Liberty Global Ltd (NASDAQ:LBTYA) Receives Consensus Rating of “Hold” from Analysts

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have received a consensus recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $16.15.

A number of analysts recently weighed in on the stock. UBS Group upped their target price on shares of Liberty Global from $12.00 to $12.60 and gave the stock a “neutral” rating in a research note on Tuesday, March 31st. Pivotal Research restated a “buy” rating and set a $18.00 target price on shares of Liberty Global in a research note on Monday, May 4th. Zacks Research upgraded shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings lowered shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th.

Liberty Global Stock Down 0.5%

Shares of NASDAQ:LBTYA opened at $12.18 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $4.12 billion, a PE ratio of -0.76 and a beta of 0.90. The firm’s 50-day moving average is $12.10 and its two-hundred day moving average is $11.56. Liberty Global has a 1 year low of $9.44 and a 1 year high of $13.52.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Friday, May 1st. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.35) by $1.31. Liberty Global had a negative net margin of 109.64% and a negative return on equity of 47.65%. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. Analysts predict that Liberty Global will post -1.38 EPS for the current year.

Hedge Funds Weigh In On Liberty Global

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quarry LP acquired a new position in Liberty Global in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 1,238 shares in the last quarter. Rothschild Investment LLC boosted its holdings in Liberty Global by 207.4% in the third quarter. Rothschild Investment LLC now owns 2,982 shares of the company’s stock valued at $34,000 after purchasing an additional 2,012 shares in the last quarter. Allworth Financial LP acquired a new position in Liberty Global in the third quarter valued at approximately $42,000. Finally, MAI Capital Management boosted its holdings in Liberty Global by 27.5% in the third quarter. MAI Capital Management now owns 4,559 shares of the company’s stock valued at $52,000 after purchasing an additional 983 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

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.