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

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have been given a consensus rating of “Hold” by the nine ratings firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $17.75.

Several brokerages have commented on LBTYA. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Wednesday. Barclays reduced their price objective on shares of 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 set a $27.00 price objective on shares of Liberty Global in a research report on Tuesday, October 29th. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $24.70 to $12.40 in a research report on Thursday, January 23rd. Finally, Bank of America lowered shares of Liberty Global from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $13.10 to $12.60 in a report on Friday, December 6th.

Liberty Global Stock Down 1.8 %

Shares of Liberty Global stock opened at $11.55 on Friday. The company has a market cap of $4.13 billion, a P/E ratio of -1.14 and a beta of 1.25. Liberty Global has a 52-week low of $10.93 and a 52-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’s 50 day moving average price is $12.67 and its 200-day moving average price is $17.06.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were 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 owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 11.51% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares 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% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,646,088 shares of the company’s stock worth $98,079,000 after buying an additional 4,485,823 shares during the period. Dimensional Fund Advisors LP raised its holdings in Liberty Global by 212.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,289,441 shares of the company’s stock valued at $57,336,000 after acquiring an additional 2,236,696 shares in the last quarter. State Street Corp raised its holdings in Liberty Global by 36.8% in the third quarter. State Street Corp now owns 2,624,307 shares of the company’s stock valued at $55,399,000 after acquiring an additional 705,780 shares in the last quarter. Geode Capital Management LLC raised its holdings in Liberty Global by 6.7% in the third quarter. Geode Capital Management LLC now owns 2,262,910 shares of the company’s stock valued at $47,778,000 after acquiring an additional 141,749 shares in the last quarter. Finally, Mirabella Financial Services LLP raised its holdings in Liberty Global by 16.6% in the third quarter. Mirabella Financial Services LLP now owns 2,113,665 shares of the company’s stock valued at $44,619,000 after acquiring an additional 300,305 shares in the last quarter. Hedge funds and other institutional investors 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.