Liberty Global Ltd (NASDAQ:LBTYA) Receives Consensus Rating of “Hold” from Analysts

Liberty Global Ltd (NASDAQ:LBTYA) has received a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $15.00.

A number of research firms have commented on LBTYA. Citigroup increased their price target on Liberty Global from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Zacks Research raised shares of Liberty Global to a “hold” rating in a research report on Wednesday, September 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Wednesday, October 8th. Finally, UBS Group upped their price objective on shares of Liberty Global from $11.80 to $12.60 and gave the company a “neutral” rating in a research note on Wednesday, December 3rd.

Liberty Global Price Performance

LBTYA stock opened at $11.18 on Wednesday. The company has a fifty day moving average price of $11.02 and a 200-day moving average price of $10.87. The company has a market capitalization of $3.77 billion, a P/E ratio of -1.84 and a beta of 1.05. Liberty Global has a 52-week low of $9.02 and a 52-week high of $13.17. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 0.96.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings data on Thursday, October 30th. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $1.45 by ($1.72). The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.23 billion. Liberty Global had a negative return on equity of 14.71% and a negative net margin of 41.44%. As a group, equities analysts expect that Liberty Global will post -1.35 EPS for the current year.

Insider Buying and Selling

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $11.18, for a total transaction of $371,399.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 11.51% of the company’s stock.

Institutional Trading of Liberty Global

Large investors have recently modified their holdings of the stock. ACR Alpine Capital Research LLC lifted its position in shares of Liberty Global by 3.5% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after acquiring an additional 719,589 shares during the period. Oaktree Capital Management LP boosted its position in shares of Liberty Global by 4.1% during the 3rd quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock worth $97,997,000 after purchasing an additional 339,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Liberty Global by 3.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,110,169 shares of the company’s stock worth $92,945,000 after purchasing an additional 287,889 shares in the last quarter. Rubric Capital Management LP grew its stake in shares of Liberty Global by 36.2% in the 3rd quarter. Rubric Capital Management LP now owns 7,750,367 shares of the company’s stock valued at $88,819,000 after buying an additional 2,058,142 shares during the period. Finally, AQR Capital Management LLC increased its position in Liberty Global by 227.4% in the 3rd quarter. AQR Capital Management LLC now owns 7,672,437 shares of the company’s stock valued at $87,926,000 after buying an additional 5,328,998 shares in the last quarter. Institutional investors and hedge funds own 37.20% of the company’s stock.

About Liberty Global

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.