Liberty Global Ltd (NASDAQ:LBTYA) Receives $16.15 Consensus Target Price from Brokerages

Shares of Liberty Global Ltd (NASDAQ:LBTYA) have received a consensus rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $16.0250.

LBTYA has been the topic of several analyst reports. Zacks Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. UBS Group decreased their price objective on shares of Liberty Global from $12.60 to $12.10 and set a “neutral” rating on the stock in a research report on Wednesday. Weiss Ratings cut shares of Liberty Global from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $18.00 target price on shares of Liberty Global in a report on Monday, May 4th.

Liberty Global Stock Performance

NASDAQ LBTYA traded down $0.05 on Friday, hitting $10.61. 1,318,025 shares of the company traded hands, compared to its average volume of 2,031,684. The business’s 50 day moving average price is $11.67 and its 200-day moving average price is $11.69. Liberty Global has a 52-week low of $9.62 and a 52-week high of $13.52. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $3.59 billion, a price-to-earnings ratio of -0.66 and a beta of 0.93.

Liberty Global (NASDAQ:LBTYA) last posted its quarterly earnings data on Friday, May 1st. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $1.31. The firm had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Liberty Global had a negative return on equity of 47.65% and a negative net margin of 109.64%. Equities analysts expect that Liberty Global will post -1.38 earnings per share for the current year.

Insider Activity at Liberty Global

In other news, Director J David Wargo sold 55,000 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $11.54, for a total value of $634,700.00. Following the completion of the transaction, the director owned 53,876 shares of the company’s stock, valued at $621,729.04. This represents a 50.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 4.34% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. ACR Alpine Capital Research LLC grew its holdings in Liberty Global by 9.7% during the 1st quarter. ACR Alpine Capital Research LLC now owns 23,644,817 shares of the company’s stock valued at $285,866,000 after buying an additional 2,097,847 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Liberty Global by 75.0% in the fourth quarter. AQR Capital Management LLC now owns 13,423,957 shares of the company’s stock worth $149,543,000 after buying an additional 5,751,520 shares in the last quarter. Rubric Capital Management LP lifted its holdings in shares of Liberty Global by 17.3% in the first quarter. Rubric Capital Management LP now owns 11,752,855 shares of the company’s stock worth $142,092,000 after buying an additional 1,734,423 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Liberty Global by 6.3% during the first quarter. Dimensional Fund Advisors LP now owns 8,832,267 shares of the company’s stock worth $106,782,000 after acquiring an additional 521,750 shares during the last quarter. Finally, Oaktree Capital Management LP grew its stake in Liberty Global by 4.1% during the third quarter. Oaktree Capital Management LP now owns 8,551,191 shares of the company’s stock valued at $97,997,000 after acquiring an additional 339,000 shares in the last quarter. 37.20% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Company Profile

Liberty Global plc operates as a leading international telecommunications and television company, offering a wide array of broadband internet, digital cable television, fixed-line telephony and mobile services. Through its extensive fiber and hybrid-fiber coaxial networks, the company delivers high-speed internet connectivity, video on demand and interactive television platforms to residential and business customers. Its service portfolio includes digital voice, managed Wi-Fi solutions, home security and converged connectivity bundles designed to meet evolving consumer and enterprise demands.

The company’s footprint spans key European markets, including the United Kingdom and Ireland under the Virgin Media brand, the Netherlands through Ziggo, Belgium via Telenet, and operations in Switzerland, Germany, Austria, Poland and Luxembourg.