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

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.

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

Several brokerages have weighed in on LBTYA. Berenberg Bank raised Liberty Global to a "hold" rating in a report on Thursday, June 26th. Benchmark reiterated a "buy" rating and issued a $21.00 target price (up from $18.00) on shares of Liberty Global in a research note on Monday, August 4th. 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 raised their price target on shares of Liberty Global from $10.60 to $11.80 and gave the stock a "neutral" rating in a report on Wednesday, August 6th. Finally, Zacks Research upgraded shares of Liberty Global to a "hold" rating in a research note on Wednesday, September 3rd.

Liberty Global Stock Performance

Shares of Liberty Global stock opened at $11.88 on Monday. The company has a market capitalization of $4.05 billion, a PE ratio of -1.22 and a beta of 1.17. The company has a 50-day simple moving average of $10.74 and a two-hundred day simple moving average of $10.58. Liberty Global has a one year low of $9.02 and a one year high of $21.56. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.02 and a current ratio of 1.02.

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

Insiders Place Their Bets

In other news, Director Miranda Curtis sold 42,600 shares of the firm's 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 directly owned 129,305 shares in the company, valued at $1,521,919.85. This trade represents a 24.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, 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 sale, the chief accounting officer directly owned 8,383 shares of the company's stock, valued at $96,823.65. This trade represents a 80.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 136,980 shares of company stock valued at $1,577,091. 11.51% of the stock is owned by company insiders.

Hedge Funds Weigh In On Liberty Global

A number of institutional investors have recently bought and sold shares of LBTYA. CWM LLC boosted its holdings in shares of 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 acquiring an additional 1,026 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in Liberty Global by 79.5% during the second quarter. EverSource Wealth Advisors LLC now owns 2,795 shares of the company's stock valued at $28,000 after purchasing an additional 1,238 shares during the period. Versant Capital Management Inc purchased a new stake in Liberty Global in the first quarter valued at $50,000. AlphaCore Capital LLC purchased a new stake in Liberty Global in the second quarter valued at $46,000. Finally, Headlands Technologies LLC acquired a new stake in Liberty Global during the 2nd quarter worth about $47,000. 37.20% of the stock is owned by hedge funds and other institutional investors.

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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