Liberty Global Ltd (NASDAQ:LBTYA) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Liberty Global has a consensus “Hold” rating from six analysts: one Sell, four Hold, and one Buy. The average 12-month price target is $13.23, though UBS and Barclays recently lowered their targets.
• The stock opened at $10.29, near its 12-month low of $9.43 and below its 50-day and 200-day moving averages. Liberty Global reported a quarterly loss of $1.07 per share and revenue of $1.17 billion, missing analyst expectations on both measures.
• Institutional investors and hedge funds own 37.2% of the company, with several funds increasing their positions during the second quarter.

Shares of Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) have received a consensus recommendation of "Hold" from the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $13.2250.

A number of equities research analysts have recently commented on LBTYA shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Liberty Global in a report on Friday, July 31st. UBS Group reduced their price objective on Liberty Global from $12.10 to $11.90 and set a "neutral" rating for the company in a research note on Tuesday, August 4th. Finally, Barclays decreased their price objective on Liberty Global from $13.00 to $10.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 18th.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $10.29 on Friday. The firm's fifty day simple moving average is $10.53 and its 200-day simple moving average is $11.45. Liberty Global has a 12 month low of $9.43 and a 12 month high of $13.52. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of -1.15 and a beta of 0.93. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.59). Liberty Global had a negative return on equity of 28.83% and a negative net margin of 62.12%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.34 billion. As a group, equities analysts forecast that Liberty Global will post -1.54 earnings per share for the current year.

Institutional Investors Weigh In On Liberty Global

Several hedge funds have recently modified their holdings of LBTYA. Engineers Gate Manager LP increased its stake in Liberty Global by 27.7% in the 2nd quarter. Engineers Gate Manager LP now owns 425,708 shares of the company's stock valued at $4,840,000 after buying an additional 92,388 shares during the period. Integrated Wealth Concepts LLC raised its position in Liberty Global by 26.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 14,042 shares of the company's stock worth $160,000 after buying an additional 2,926 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Liberty Global by 94.8% in the 2nd quarter. Squarepoint Ops LLC now owns 349,916 shares of the company's stock worth $3,979,000 after acquiring an additional 170,328 shares during the period. Allworth Financial LP boosted its holdings in shares of Liberty Global by 42.1% in the second quarter. Allworth Financial LP now owns 4,590 shares of the company's stock valued at $52,000 after acquiring an additional 1,360 shares in the last quarter. Finally, Waverly Advisors LLC boosted its holdings in shares of Liberty Global by 10.4% in the second quarter. Waverly Advisors LLC now owns 16,381 shares of the company's stock valued at $186,000 after acquiring an additional 1,547 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

Liberty Global Company Profile

Liberty Global plc is an international telecommunications and investment company focused on broadband, mobile, video, and fixed-line communications services. Through its operating businesses and strategic investments, the company provides connectivity, television, and digital services to consumers and businesses.

Liberty Global has interests in telecommunications operations across Europe. Its portfolio has included Virgin Media O2 in the United Kingdom, a joint venture with Telefónica; Telenet in Belgium; and Sunrise in Switzerland.

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