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

Shares of Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) have been assigned an average rating of "Hold" from the nine analysts that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $17.75.

LBTYA has been the topic of a number of research reports. Barclays dropped their target price 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. 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 cut shares of Liberty Global from a "neutral" rating to an "underperform" rating and dropped their price objective for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Benchmark reaffirmed a "buy" rating and issued a $27.00 price objective on shares of Liberty Global in a report on Tuesday, October 29th. Finally, UBS Group cut shares of Liberty Global from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $23.00 to $13.00 in a report on Monday, November 18th.

Liberty Global Stock Up 0.4 %

LBTYA traded up $0.04 during trading on Tuesday, hitting $11.37. The company had a trading volume of 2,940,930 shares, compared to its average volume of 2,108,286. The company has a market cap of $4.07 billion, a PE ratio of 2.71 and a beta of 1.24. Liberty Global has a 1-year low of $10.55 and a 1-year high of $21.56. The business has a 50-day moving average of $11.93 and a 200-day moving average of $16.20. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.05 and a quick ratio of 1.19.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.92) by $7.25. The company had revenue of $1.12 billion for the quarter, compared to analysts' expectations of $1.84 billion. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. As a group, analysts forecast that Liberty Global will post -1.35 earnings per share for the current year.

Insider Activity at Liberty Global

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

Hedge Funds Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp grew its holdings in Liberty Global by 394.8% during the fourth quarter. Mackenzie Financial Corp now owns 219,693 shares of the company's stock valued at $2,803,000 after purchasing an additional 175,292 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Liberty Global by 4.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,844,357 shares of the company's stock worth $61,814,000 after acquiring an additional 198,269 shares during the last quarter. Voloridge Investment Management LLC acquired a new stake in shares of Liberty Global in the fourth quarter worth $304,000. Wolverine Trading LLC grew its stake in shares of Liberty Global by 295.4% in the fourth quarter. Wolverine Trading LLC now owns 19,824 shares of the company's stock worth $248,000 after acquiring an additional 29,971 shares during the last quarter. Finally, Wexford Capital LP acquired a new stake in shares of Liberty Global in the fourth quarter worth $791,000. Institutional investors and hedge funds own 37.20% of the company's stock.

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.