Brokerages Set Liberty Global Ltd. (NASDAQ:LBTYA) PT at $17.75

Liberty Global Ltd. (NASDAQ:LBTYA) has been given a consensus recommendation of “Hold” by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $17.75.

A number of brokerages have recently weighed in on LBTYA. UBS Group lowered shares of Liberty Global from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $23.00 to $13.00 in a report on Monday, November 18th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and dropped their price objective for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $13.10 to $12.60 in a report on Friday, December 6th. Finally, Barclays dropped their price objective on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, November 25th.

Liberty Global Stock Performance

Shares of LBTYA stock opened at $11.37 on Tuesday. The business’s fifty day simple moving average is $11.87 and its 200-day simple moving average is $16.07. The company has a market cap of $4.07 billion, a PE ratio of 2.71 and a beta of 1.24. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. Liberty Global has a 12-month low of $10.55 and a 12-month high of $21.56.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.92) by $7.25. The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.84 billion. Liberty Global had a return on equity of 9.83% and a net margin of 23.09%. Analysts expect that Liberty Global will post -1.35 earnings per share for the current fiscal year.

Insider Buying and Selling at Liberty Global

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of the stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. This represents a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Charles H. R. Bracken sold 84,103 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now directly owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was a 61.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.51% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Liberty Global

Several hedge funds have recently modified their holdings of LBTYA. Stratos Wealth Advisors LLC boosted its holdings in Liberty Global by 4.1% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 29,611 shares of the company’s stock worth $625,000 after buying an additional 1,162 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Liberty Global by 110.3% in the third quarter. Blue Trust Inc. now owns 1,859 shares of the company’s stock valued at $39,000 after acquiring an additional 975 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Liberty Global in the third quarter worth approximately $433,000. Private Advisor Group LLC increased its position in shares of Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock worth $235,000 after purchasing an additional 835 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Liberty Global by 2.2% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 28,188 shares of the company’s stock valued at $595,000 after purchasing an additional 606 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 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.