Liberty Global Ltd. (NASDAQ:LBTYA) Receives Average Recommendation of "Hold" from Analysts

Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) has been assigned a consensus rating of "Hold" from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $20.19.

A number of research analysts have recently commented on the company. Citigroup assumed coverage on Liberty Global in a report on Friday, August 9th. They set a "buy" rating and a $25.00 price objective on the stock. Bank of America raised Liberty Global from an "underperform" rating to a "neutral" rating and increased their price objective for the company from $15.50 to $21.30 in a report on Monday, August 12th. Benchmark reissued a "buy" rating and set a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Barclays lowered their price objective on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating on the stock in a report on Monday, November 25th. Finally, UBS Group downgraded Liberty Global from a "buy" rating to a "neutral" rating and decreased their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th.

Liberty Global Stock Up 0.6 %

LBTYA stock traded up $0.08 during mid-day trading on Thursday, hitting $13.86. The stock had a trading volume of 1,819,437 shares, compared to its average volume of 1,870,211. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80. Liberty Global has a 1-year low of $10.93 and a 1-year high of $21.56. The company has a fifty day moving average of $18.17 and a 200 day moving average of $18.42. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of -1.37 and a beta of 1.24.

Insider Activity

In other news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total value of $1,224,539.68. Following the completion of the sale, the chief financial officer now directly owns 53,312 shares of the company's stock, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.51% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in Liberty Global by 4.0% during the first quarter. Vanguard Group Inc. now owns 3,446,543 shares of the company's stock worth $58,316,000 after acquiring an additional 131,077 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Liberty Global by 15.8% in the second quarter. SG Americas Securities LLC now owns 20,514 shares of the company's stock valued at $358,000 after purchasing an additional 2,801 shares in the last quarter. Welch Group LLC bought a new stake in shares of Liberty Global in the second quarter valued at about $174,000. ARS Investment Partners LLC bought a new stake in shares of Liberty Global in the second quarter valued at about $261,000. Finally, Tevis Investment Management lifted its holdings in shares of Liberty Global by 156.0% in the second quarter. Tevis Investment Management now owns 27,170 shares of the company's stock valued at $474,000 after purchasing an additional 16,555 shares in the last quarter. 37.20% of the stock is currently owned by 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.