BidaskClub cut shares of Liberty Global (NASDAQ:LBTYA) from a hold rating to a sell rating in a report published on Thursday morning, BidAskClub reports.

Several other research analysts have also weighed in on LBTYA. Zacks Investment Research raised Triple-S Management from a hold rating to a buy rating and set a $26.00 price target on the stock in a research report on Monday, April 29th. Societe Generale set a $36.00 target price on Liberty Global and gave the stock a buy rating in a research note on Wednesday, July 3rd. Bank of America set a $25.00 target price on Bed Bath & Beyond and gave the stock a buy rating in a research note on Wednesday, April 10th. Finally, Pivotal Research reiterated a buy rating and set a $31.00 target price on shares of Liberty Global in a research note on Sunday, June 30th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $31.33.

NASDAQ:LBTYA opened at $27.65 on Thursday. The firm has a market cap of $20.40 billion, a price-to-earnings ratio of -14.04 and a beta of 1.50. Liberty Global has a twelve month low of $19.88 and a twelve month high of $29.55. The business’s 50 day moving average is $26.67. The company has a debt-to-equity ratio of 6.85, a current ratio of 0.36 and a quick ratio of 0.36.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings results on Monday, May 6th. The company reported ($0.43) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.36). The company had revenue of $2.87 billion for the quarter. Liberty Global had a negative return on equity of 2.41% and a net margin of 16.23%. As a group, equities research analysts forecast that Liberty Global will post -0.82 EPS for the current year.

In other Liberty Global news, CEO Michael T. Fries sold 156,397 shares of Liberty Global stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $24.71, for a total value of $3,864,569.87. Following the completion of the transaction, the chief executive officer now directly owns 2,060,295 shares of the company’s stock, valued at approximately $50,909,889.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard R. Green sold 40,448 shares of Liberty Global stock in a transaction on Monday, May 13th. The shares were sold at an average price of $24.54, for a total value of $992,593.92. Following the completion of the transaction, the director now directly owns 15,993 shares of the company’s stock, valued at $392,468.22. The disclosure for this sale can be found here. Insiders sold a total of 234,951 shares of company stock valued at $5,806,909 over the last 90 days. 6.48% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. New York State Common Retirement Fund acquired a new stake in shares of Liberty Global in the fourth quarter worth approximately $1,941,000. Raymond James & Associates boosted its position in shares of Liberty Global by 16.9% in the fourth quarter. Raymond James & Associates now owns 62,298 shares of the company’s stock worth $1,329,000 after acquiring an additional 8,992 shares during the last quarter. Northern Trust Corp boosted its position in shares of Liberty Global by 4.1% in the fourth quarter. Northern Trust Corp now owns 875,417 shares of the company’s stock worth $18,682,000 after acquiring an additional 34,308 shares during the last quarter. Hsbc Holdings PLC lifted its position in Liberty Global by 42.9% during the fourth quarter. Hsbc Holdings PLC now owns 29,319 shares of the company’s stock valued at $626,000 after buying an additional 8,797 shares in the last quarter. Finally, United Services Automobile Association lifted its position in Liberty Global by 2.3% during the fourth quarter. United Services Automobile Association now owns 85,959 shares of the company’s stock valued at $1,834,000 after buying an additional 1,959 shares in the last quarter. 23.25% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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Analyst Recommendations for Liberty Global (NASDAQ:LBTYA)

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