Liberty Global (NASDAQ:LBTYA) Sets New 12-Month Low – Should You Sell?

Liberty Global Ltd. (NASDAQ:LBTYA) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $10.58 and last traded at $10.70, with a volume of 607399 shares trading hands. The stock had previously closed at $11.09.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on LBTYA shares. UBS Group lowered Liberty Global from a “buy” rating to a “neutral” rating and cut their target price for the company from $23.00 to $13.00 in a research note on Monday, November 18th. Deutsche Bank Aktiengesellschaft dropped 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, January 29th. 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. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $24.70 to $12.40 in a research note on Thursday, January 23rd. Finally, Barclays cut their price target on shares of Liberty Global from $20.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, November 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Liberty Global currently has a consensus rating of “Hold” and an average target price of $17.75.

Liberty Global Stock Down 2.0 %

The firm has a market cap of $3.88 billion, a price-to-earnings ratio of -1.07 and a beta of 1.24. The business’s 50-day moving average is $12.00 and its 200-day moving average is $16.27. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.19 and a current ratio of 1.19.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share for the quarter, topping the consensus estimate of ($0.92) by $7.25. Liberty Global had a negative net margin of 54.02% and a negative return on equity of 22.30%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.84 billion. On average, equities analysts predict that Liberty Global Ltd. will post -1.24 EPS for the current year.

Insider Activity at Liberty Global

In related news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction dated 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 directly owns 53,312 shares in the company, valued at $776,222.72. This trade represents a 61.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $12.94, for a total value of $737,580.00. Following the sale, the insider now directly owns 16,153 shares of the company’s stock, valued at $209,019.82. This represents a 77.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.51% of the company’s stock.

Institutional Investors Weigh In On Liberty Global

Several institutional investors have recently modified their holdings of the business. Blue Trust Inc. grew its stake in shares of Liberty Global by 58.1% during 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 period. Spire Wealth Management acquired a new position in shares of Liberty Global during the 4th quarter worth about $59,000. New Age Alpha Advisors LLC bought a new stake in shares of Liberty Global in the 4th quarter valued at about $73,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Liberty Global in the 4th quarter valued at approximately $123,000. Finally, Yousif Capital Management LLC bought a new position in Liberty Global during the 4th quarter worth approximately $128,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

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.