Liberty Global Ltd (NASDAQ:LBTYA) Given Consensus Rating of “Hold” by Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $14.40.

Several equities research analysts recently weighed in on LBTYA shares. Citigroup boosted their target price on Liberty Global from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd. Finally, UBS Group upped their target price on shares of Liberty Global from $11.80 to $12.60 and gave the company a “neutral” rating in a report on Wednesday, December 3rd.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 33,220 shares of the firm’s 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 document filed with the SEC, which is accessible through this hyperlink. 13.29% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Liberty Global

Institutional investors and hedge funds have recently made changes to their positions in the business. Oaktree Capital Management LP lifted its stake in shares of Liberty Global by 14.0% in the second quarter. Oaktree Capital Management LP now owns 8,212,191 shares of the company’s stock valued at $82,204,000 after purchasing an additional 1,008,001 shares during the period. ACR Alpine Capital Research LLC increased its holdings in Liberty Global by 3.5% in the third quarter. ACR Alpine Capital Research LLC now owns 21,237,740 shares of the company’s stock valued at $243,384,000 after buying an additional 719,589 shares in the last quarter. Norges Bank acquired a new stake in shares of Liberty Global during the 2nd quarter valued at approximately $37,954,000. Jump Financial LLC boosted its stake in shares of Liberty Global by 120.0% during the 2nd quarter. Jump Financial LLC now owns 685,361 shares of the company’s stock worth $6,860,000 after acquiring an additional 373,787 shares in the last quarter. Finally, Covalis Capital LLP acquired a new stake in shares of Liberty Global in the 2nd quarter worth approximately $17,054,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Up 0.5%

Shares of LBTYA traded up $0.06 during midday trading on Thursday, reaching $11.34. The stock had a trading volume of 1,156,613 shares, compared to its average volume of 2,395,067. The company has a market cap of $3.82 billion, a price-to-earnings ratio of -1.86 and a beta of 1.05. The company’s fifty day simple moving average is $10.99 and its two-hundred day simple moving average is $11.14. Liberty Global has a 1-year low of $9.02 and a 1-year high of $12.09. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.96 and a quick ratio of 0.96.

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.