Analysts Set Liberty Global Ltd (NASDAQ:LBTYA) Target Price at $14.26

Key Points

• Liberty Global Ltd (NASDAQ:LBTYA) has received a consensus recommendation of "Hold" from nine analysts, with one rating it as sell, six as hold, and two as buy.
• The company's shares opened at $11.88, and it has a market capitalization of $4.05 billion, despite reporting a significant earnings miss for the last quarter.
• Insider trading has been notable, with Director Miranda Curtis selling 42,600 shares, representing a 24.78% decrease in their ownership of Liberty Global stock.

Shares of Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report) have earned an average rating of "Hold" from the nine research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $14.2571.

A number of research analysts have recently weighed in on the company. UBS Group lifted their price target on Liberty Global from $10.60 to $11.80 and gave the company a "neutral" rating in a report on Wednesday, August 6th. Berenberg Bank raised Liberty Global to a "hold" rating in a research report on Thursday, June 26th. Benchmark reaffirmed a "buy" rating and issued a $21.00 price target (up previously from $18.00) on shares of Liberty Global in a research report on Monday, August 4th. Citigroup reduced their price target on Liberty Global from $13.00 to $11.00 and set a "neutral" rating for the company in a research report on Wednesday, May 28th. Finally, Zacks Research raised Liberty Global to a "hold" rating in a research report on Wednesday, September 3rd.

Insiders Place Their Bets

In other news, CAO Jason Waldron sold 34,380 shares of Liberty Global stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.55, for a total value of $397,089.00. Following the transaction, the chief accounting officer directly owned 8,383 shares in the company, valued at approximately $96,823.65. The trade was a 80.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Miranda Curtis sold 42,600 shares of Liberty Global stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $11.77, for a total value of $501,402.00. Following the completion of the transaction, the director owned 129,305 shares in the company, valued at $1,521,919.85. The trade was a 24.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 136,980 shares of company stock valued at $1,577,091 over the last quarter. Insiders own 13.29% of the company's stock.

Hedge Funds Weigh In On Liberty Global

Institutional investors have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its stake in shares of Liberty Global by 10.5% in the fourth quarter. Ameriprise Financial Inc. now owns 391,384 shares of the company's stock worth $4,994,000 after purchasing an additional 37,072 shares during the period. Bank of New York Mellon Corp increased its stake in Liberty Global by 29.6% during the first quarter. Bank of New York Mellon Corp now owns 609,426 shares of the company's stock valued at $7,014,000 after acquiring an additional 139,294 shares during the period. Hi Line Capital Management LLC increased its stake in Liberty Global by 21.1% during the first quarter. Hi Line Capital Management LLC now owns 1,001,541 shares of the company's stock valued at $11,528,000 after acquiring an additional 174,234 shares during the period. Jump Financial LLC bought a new position in Liberty Global during the first quarter valued at about $3,586,000. Finally, Northern Trust Corp increased its stake in Liberty Global by 22.8% during the fourth quarter. Northern Trust Corp now owns 1,030,866 shares of the company's stock valued at $13,154,000 after acquiring an additional 191,179 shares during the period. 37.20% of the stock is currently owned by institutional investors.

Liberty Global Price Performance

Shares of NASDAQ LBTYA traded down $0.05 during mid-day trading on Monday, reaching $11.90. The company had a trading volume of 1,511,269 shares, compared to its average volume of 1,725,911. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.59. The stock has a market cap of $4.05 billion, a PE ratio of -1.22 and a beta of 1.17. The company has a 50-day moving average price of $10.91 and a two-hundred day moving average price of $10.60. Liberty Global has a 1-year low of $9.02 and a 1-year high of $21.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported ($8.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.55) by ($7.54). The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.20 billion. Liberty Global had a negative return on equity of 22.64% and a negative net margin of 60.38%. On average, equities analysts anticipate that Liberty Global will post -1.35 earnings per share for the current year.

About Liberty Global

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.