Liberty Global Ltd. (NASDAQ:LBTYA) Receives $26.36 Average Target Price from Brokerages

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have earned a consensus recommendation of “Hold” from the seven analysts that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $26.36.

Several research firms recently weighed in on LBTYA. New Street Research reiterated a “neutral” rating on shares of Liberty Global in a report on Wednesday, February 28th. Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating in a report on Friday, February 23rd. Barclays lifted their target price on shares of Liberty Global from $22.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, January 12th. UBS Group dropped their price target on shares of Liberty Global from $23.00 to $22.50 and set a “buy” rating for the company in a research note on Monday, February 26th. Finally, TheStreet upgraded shares of Liberty Global from a “d+” rating to a “c-” rating in a research note on Thursday, January 25th.

Liberty Global Stock Up 1.2 %

Shares of NASDAQ LBTYA opened at $16.35 on Wednesday. The company has a 50 day simple moving average of $17.07 and a 200-day simple moving average of $17.18. The company has a market capitalization of $6.17 billion, a P/E ratio of -1.74 and a beta of 1.18. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.30 and a quick ratio of 1.30. Liberty Global has a 1 year low of $15.01 and a 1 year high of $20.56.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing the consensus estimate of ($0.35) by ($7.88). Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. The company had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. On average, equities research analysts predict that Liberty Global will post -0.61 earnings per share for the current year.

Insider Transactions at Liberty Global

In other news, EVP Andrea Salvato sold 32,403 shares of Liberty Global stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares of the company’s stock, valued at approximately $1,810,462.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, EVP Bryan H. Hall sold 25,000 shares of the business’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $18.24, for a total value of $456,000.00. Following the completion of the sale, the executive vice president now directly owns 144,934 shares of the company’s stock, valued at $2,643,596.16. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Andrea Salvato sold 32,403 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $17.70, for a total transaction of $573,533.10. Following the completion of the sale, the executive vice president now directly owns 102,286 shares of the company’s stock, valued at $1,810,462.20. The disclosure for this sale can be found here. In the last three months, insiders sold 113,629 shares of company stock valued at $2,046,783. Insiders own 11.51% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

A number of institutional investors and hedge funds have recently bought and sold shares of LBTYA. Bfsg LLC increased its stake in Liberty Global by 45.5% in the first quarter. Bfsg LLC now owns 8,681 shares of the company’s stock valued at $147,000 after purchasing an additional 2,715 shares during the period. BKM Wealth Management LLC increased its stake in Liberty Global by 18.8% in the first quarter. BKM Wealth Management LLC now owns 27,352 shares of the company’s stock valued at $463,000 after purchasing an additional 4,326 shares during the period. Tevis Investment Management acquired a new position in Liberty Global in the first quarter valued at $180,000. ARGA Investment Management LP increased its stake in Liberty Global by 1.7% in the first quarter. ARGA Investment Management LP now owns 94,600 shares of the company’s stock valued at $1,601,000 after purchasing an additional 1,591 shares during the period. Finally, Nomura Holdings Inc. increased its stake in Liberty Global by 271.8% in the fourth quarter. Nomura Holdings Inc. now owns 74,369 shares of the company’s stock valued at $1,322,000 after purchasing an additional 54,369 shares during the period. 37.20% of the stock is owned by hedge funds and other institutional investors.

About Liberty Global

Liberty Global Ltd., together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as WiFi features, security, anti-virus, firewall, spam protection, smart home services, online storage solutions, and web spaces; and Connect Box that delivers in-home Wi-Fi service.