Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Liberty Global (NASDAQ:LBTYA) Stock Price

Liberty Global (NASDAQ:LBTYA - Free Report) had its price target reduced by Deutsche Bank Aktiengesellschaft from $23.00 to $20.00 in a report published on Wednesday morning,Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

Other research analysts have also issued research reports about the stock. UBS Group lowered shares of Liberty Global from a "buy" rating to a "neutral" rating and cut their price target for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Bank of America cut Liberty Global from a "neutral" rating to an "underperform" rating and lowered their target price for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Barclays reduced their price objective on Liberty Global from $20.00 to $12.00 and set an "equal weight" rating for the company in a research report on Monday, November 25th. Benchmark restated a "buy" rating and issued a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th. Finally, Sanford C. Bernstein downgraded shares of Liberty Global from an "outperform" rating to a "market perform" rating and lowered their price objective for the company from $24.70 to $12.40 in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $17.75.

Liberty Global Trading Down 0.3 %

Liberty Global stock traded down $0.04 during mid-day trading on Wednesday, hitting $11.51. 1,979,553 shares of the company's stock were exchanged, compared to its average volume of 1,439,274. Liberty Global has a fifty-two week low of $10.93 and a fifty-two week high of $21.56. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $4.12 billion, a P/E ratio of -1.13 and a beta of 1.25. The company's 50 day simple moving average is $12.60 and its 200-day simple moving average is $16.98.

Insider Activity

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the 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 sale, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. This represents a 61.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 11.51% of the company's stock.

Hedge Funds Weigh In On Liberty Global

Large investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Liberty Global by 2,799.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company's stock valued at $98,079,000 after purchasing an additional 4,485,823 shares during the period. State Street Corp lifted its holdings in shares of Liberty Global by 36.8% during the third quarter. State Street Corp now owns 2,624,307 shares of the company's stock worth $55,399,000 after buying an additional 705,780 shares in the last quarter. ING Groep NV acquired a new position in shares of Liberty Global in the third quarter valued at about $12,953,000. ARGA Investment Management LP increased its position in Liberty Global by 72.1% during the fourth quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company's stock worth $12,897,000 after acquiring an additional 423,526 shares during the period. Finally, Mirabella Financial Services LLP raised its stake in Liberty Global by 16.6% in the 3rd quarter. Mirabella Financial Services LLP now owns 2,113,665 shares of the company's stock worth $44,619,000 after purchasing an additional 300,305 shares in the last quarter. 37.20% of the stock is 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.