Liberty Global Ltd. (NASDAQ:LBTYA) Receives $17.75 Consensus Target Price from Analysts

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have earned a consensus rating of “Hold” from the seven analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $17.43.

LBTYA has been the topic of a number of recent research reports. Barclays dropped their price objective on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, November 25th. Sanford C. Bernstein lowered shares of Liberty Global from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their target price 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. Finally, Bank of America downgraded shares of Liberty Global from a “neutral” rating to an “underperform” rating and cut their price target for the company from $13.10 to $12.60 in a report on Friday, December 6th.

Liberty Global Price Performance

LBTYA opened at $11.67 on Friday. The firm has a 50-day moving average price of $11.50 and a 200-day moving average price of $15.13. Liberty Global has a twelve month low of $10.55 and a twelve month high of $21.56. The company has a quick ratio of 1.19, a current ratio of 1.05 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 2.79 and a beta of 1.27.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.84 billion. Equities analysts expect that Liberty Global will post -1.35 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Nicholas V. Tompras sold 57,000 shares of Liberty Global stock in a transaction 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 completion of the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at approximately $209,019.82. The trade was a 77.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 11.51% of the company’s stock.

Institutional Trading of Liberty Global

A number of hedge funds have recently made changes to their positions in LBTYA. Blue Trust Inc. lifted its stake in Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after purchasing an additional 1,081 shares during the last quarter. Spire Wealth Management bought a new stake in Liberty Global in the fourth quarter worth $59,000. New Age Alpha Advisors LLC bought a new stake in Liberty Global in the fourth quarter worth $73,000. VisionPoint Advisory Group LLC bought a new stake in Liberty Global in the fourth quarter worth $123,000. Finally, Hunting Hill Global Capital LLC bought a new stake in Liberty Global in the fourth quarter worth $128,000. 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.