Liberty Global Ltd (NASDAQ:LBTYA) Stock Rated "Hold" by Wall Street Analysts

Key Points

• Liberty Global holds a consensus “Hold” rating from six analysts, with four holds, one sell and one buy. The average 12-month price target is $13.22, though Barclays and UBS recently lowered their targets.
• The stock opened at $8.56, near its one-year low of $8.35, and is below its 50-day and 200-day moving averages. Liberty Global’s latest quarterly results missed expectations, reporting a $1.07 loss per share versus the $0.48 consensus estimate and revenue below forecasts.
• Institutional investors and hedge funds own 37.2% of the company, with several major investors increasing their positions during the reported periods.

Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) has earned an average rating of "Hold" from the six ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $13.22.

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

Liberty Global Stock Down 1.2%

LBTYA opened at $8.56 on Tuesday. The business's fifty day moving average is $10.12 and its two-hundred day moving average is $11.08. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $2.92 billion, a price-to-earnings ratio of -0.95 and a beta of 0.99. Liberty Global has a one year low of $8.35 and a one year high of $13.52.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its earnings results on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.59). The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. Analysts anticipate that Liberty Global will post -1.47 EPS for the current fiscal year.

Institutional Trading of Liberty Global

Large investors have recently modified their holdings of the business. ACR Alpine Capital Research LLC raised its position in shares of 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 worth $285,866,000 after purchasing an additional 2,097,847 shares during the last quarter. Rubric Capital Management LP lifted its stake in Liberty Global by 17.3% in the 1st quarter. Rubric Capital Management LP now owns 11,752,855 shares of the company's stock valued at $142,092,000 after buying an additional 1,734,423 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Liberty Global by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 8,832,267 shares of the company's stock valued at $106,782,000 after buying an additional 521,750 shares in the last quarter. Contour Asset Management LLC grew its holdings in Liberty Global by 19.8% during the 4th quarter. Contour Asset Management LLC now owns 5,183,133 shares of the company's stock valued at $57,740,000 after buying an additional 857,244 shares during the last quarter. Finally, State Street Corp grew its holdings in Liberty Global by 8.4% during the 2nd quarter. State Street Corp now owns 3,245,059 shares of the company's stock valued at $36,896,000 after buying an additional 251,727 shares during the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.

About Liberty Global

Liberty Global plc is an international telecommunications and media company that invests in and operates broadband, mobile, fixed-line voice and television businesses. Its services generally include high-speed internet, wireless connectivity, digital television, streaming and related communications products for residential and business customers.

The company has operations and strategic interests across Europe. Its portfolio includes Sunrise in Switzerland and Telenet in Belgium, while Liberty Global also holds significant joint-venture interests in Virgin Media O2 in the United Kingdom and VodafoneZiggo in the Netherlands.

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