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

Shares of Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) have been given a consensus recommendation of "Hold" by the seven brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $14.94.

Several brokerages have recently issued reports on LBTYA. Citigroup dropped their target price on shares of Liberty Global from $13.00 to $11.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 28th. UBS Group reduced their target price on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a report on Monday, May 12th. Finally, Barclays set a $11.00 price target on Liberty Global and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th.

Institutional Investors Weigh In On Liberty Global

Hedge funds have recently modified their holdings of the company. CWM LLC lifted its holdings in Liberty Global by 81.5% in the 1st quarter. CWM LLC now owns 2,285 shares of the company's stock valued at $26,000 after purchasing an additional 1,026 shares in the last quarter. Blue Trust Inc. lifted 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 valued at $38,000 after buying an additional 1,081 shares during the period. Versant Capital Management Inc acquired a new stake in Liberty Global during the first quarter worth approximately $50,000. Cubist Systematic Strategies LLC purchased a new stake in Liberty Global in the 1st quarter worth approximately $64,000. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Liberty Global during the fourth quarter worth $73,000. Hedge funds and other institutional investors own 37.20% of the company's stock.

Liberty Global Trading Up 1.5%

Shares of Liberty Global stock opened at $9.98 on Wednesday. The firm has a 50-day simple moving average of $9.92 and a two-hundred day simple moving average of $11.07. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.95 and a current ratio of 0.95. Liberty Global has a fifty-two week low of $9.03 and a fifty-two week high of $21.56. The company has a market cap of $3.45 billion, a P/E ratio of -10.29 and a beta of 1.14.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported ($3.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.83) by ($3.01). The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.09 billion. Liberty Global had a negative return on equity of 1.15% and a negative net margin of 4.25%. As a group, equities analysts predict that Liberty Global will post -1.35 earnings per share for the current fiscal year.

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.

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