Liberty Global Ltd (NASDAQ:LBTYA) Given Average Recommendation of “Hold” by Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have been assigned an average rating of “Hold” from the five brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $14.30.

A number of research analysts have issued reports on the stock. Pivotal Research reaffirmed a “buy” rating and issued a $18.00 price target on shares of Liberty Global in a report on Monday, May 4th. UBS Group cut their target price on Liberty Global from $12.10 to $11.90 and set a “neutral” rating on the stock in a research report on Tuesday. Zacks Research upgraded Liberty Global from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a research note on Friday, July 31st.

Liberty Global Trading Down 3.2%

NASDAQ LBTYA opened at $10.57 on Thursday. Liberty Global has a one year low of $9.43 and a one year high of $13.52. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of -1.18 and a beta of 0.94. The company’s 50-day simple moving average is $11.13 and its two-hundred day simple moving average is $11.64.

Liberty Global (NASDAQ:LBTYA) last announced its quarterly 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 during the quarter, compared to analysts’ expectations of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. Equities analysts forecast that Liberty Global will post -1.46 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total value of $634,700.00. Following the sale, the director owned 53,876 shares in the company, valued at $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 4.34% of the company’s stock.

Hedge Funds Weigh In On Liberty Global

Large investors have recently bought and sold shares of the business. Quarry LP acquired a new position in shares of Liberty Global during the 3rd quarter worth about $27,000. EverSource Wealth Advisors LLC increased its stake in Liberty Global by 79.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company’s stock worth $28,000 after buying an additional 1,238 shares in the last quarter. Allworth Financial LP purchased a new stake in Liberty Global during the 3rd quarter worth approximately $42,000. Headlands Technologies LLC acquired a new position in shares of Liberty Global during the second quarter valued at approximately $47,000. Finally, IFP Advisors Inc raised its holdings in shares of Liberty Global by 128.8% during the fourth quarter. IFP Advisors Inc now owns 5,640 shares of the company’s stock valued at $63,000 after acquiring an additional 3,175 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

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.