Analysts Set Liberty Global Ltd (NASDAQ:LBTYA) Target Price at $16.15

Liberty Global Ltd (NASDAQ:LBTYA) has been given a consensus rating of “Hold” by the six ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $16.15.

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

Liberty Global Price Performance

Shares of LBTYA stock opened at $10.75 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.11 and a current ratio of 1.11. Liberty Global has a fifty-two week low of $9.62 and a fifty-two week high of $13.52. The firm has a market cap of $3.63 billion, a P/E ratio of -0.67 and a beta of 0.93. The business’s 50 day moving average price is $11.73 and its 200-day moving average price is $11.71.

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

Insider Transactions at Liberty Global

In other Liberty Global news, Director J David Wargo sold 55,000 shares of the firm’s stock in a transaction 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 transaction, the director owned 53,876 shares of the company’s stock, valued at approximately $621,729.04. This trade represents a 50.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 4.34% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. ACR Alpine Capital Research LLC grew its stake in shares of Liberty Global by 9.7% in the 1st quarter. ACR Alpine Capital Research LLC now owns 23,644,817 shares of the company’s stock worth $285,866,000 after buying an additional 2,097,847 shares during the last quarter. AQR Capital Management LLC raised its stake in Liberty Global by 75.0% during the fourth quarter. AQR Capital Management LLC now owns 13,423,957 shares of the company’s stock valued at $149,543,000 after buying an additional 5,751,520 shares during the last quarter. Rubric Capital Management LP boosted its holdings in Liberty Global by 17.3% in the first quarter. Rubric Capital Management LP now owns 11,752,855 shares of the company’s stock worth $142,092,000 after acquiring an additional 1,734,423 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Liberty Global by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 8,832,267 shares of the company’s stock worth $106,782,000 after acquiring an additional 521,750 shares in the last quarter. Finally, Oaktree Capital Management LP grew its stake 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 worth $97,997,000 after acquiring an additional 339,000 shares during the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

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.