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

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have received an average rating of “Hold” from the nine brokerages that are currently 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 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $18.13.

A number of brokerages recently issued reports on LBTYA. Barclays lowered their price objective on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th. UBS Group downgraded Liberty Global from a “buy” rating to a “neutral” rating and dropped their price target for the company from $23.00 to $13.00 in a research report on Monday, November 18th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $13.10 to $12.60 in a research report on Friday, December 6th. Benchmark reiterated a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating on the stock in a report on Thursday, December 5th.

Liberty Global Stock Performance

NASDAQ LBTYA opened at $11.90 on Friday. The company’s 50 day simple moving average is $12.72 and its two-hundred day simple moving average is $17.15. The stock has a market capitalization of $4.25 billion, a PE ratio of -1.17 and a beta of 1.25. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. Liberty Global has a 1 year low of $10.93 and a 1 year high of $21.56.

Insider Transactions at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer now owns 53,312 shares in the company, valued at approximately $776,222.72. The trade was 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 hyperlink. Company insiders own 11.51% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Tevis Investment Management increased its holdings in Liberty Global by 71.8% during the 4th quarter. Tevis Investment Management now owns 51,209 shares of the company’s stock valued at $653,000 after purchasing an additional 21,404 shares during the period. Empowered Funds LLC increased its position in Liberty Global by 13.1% during the 4th quarter. Empowered Funds LLC now owns 34,177 shares of the company’s stock valued at $436,000 after purchasing an additional 3,970 shares during the period. Stratos Wealth Advisors LLC increased its position in shares of Liberty Global by 55.4% during the fourth quarter. Stratos Wealth Advisors LLC now owns 46,016 shares of the company’s stock valued at $587,000 after buying an additional 16,405 shares during the period. Yousif Capital Management LLC bought a new position in Liberty Global in the fourth quarter worth about $128,000. Finally, ARGA Investment Management LP lifted its holdings in Liberty Global by 72.1% in the fourth quarter. ARGA Investment Management LP now owns 1,010,732 shares of the company’s stock worth $12,897,000 after buying an additional 423,526 shares during the period. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Company Profile

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.