Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $9.02 and last traded at $9.08, with a volume of 2042875 shares. The stock had previously closed at $9.23.
Analyst Ratings Changes
A number of brokerages have issued reports on LBTYA. UBS Group decreased their price target on Liberty Global from $13.00 to $10.60 and set a "neutral" rating for the company in a report on Monday. Sanford C. Bernstein cut Liberty Global from an "outperform" rating to a "market perform" rating and decreased their target price for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on Liberty Global from $23.00 to $20.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. Finally, Barclays set a $11.00 target price on Liberty Global and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $16.94.
Read Our Latest Report on Liberty Global
Liberty Global Trading Down 1.6%
The company has a 50 day simple moving average of $10.79 and a 200 day simple moving average of $12.40. The company has a current ratio of 1.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $3.14 billion, a PE ratio of 2.17 and a beta of 1.23.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last issued its 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 return on equity of 9.83% and a net margin of 23.09%. Analysts predict that Liberty Global Ltd. will post -1.35 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Liberty Global
A number of large investors have recently modified their holdings of the business. ACR Alpine Capital Research LLC grew its holdings in shares of Liberty Global by 333.3% in the 4th quarter. ACR Alpine Capital Research LLC now owns 17,376,978 shares of the company's stock worth $221,730,000 after acquiring an additional 13,366,743 shares during the period. Norges Bank acquired a new stake in shares of Liberty Global in the 4th quarter worth approximately $48,381,000. Wolf Hill Capital Management LP acquired a new stake in shares of Liberty Global in the 4th quarter worth approximately $27,413,000. Contour Asset Management LLC acquired a new stake in shares of Liberty Global in the 4th quarter worth approximately $25,730,000. Finally, Vanguard Group Inc. grew its holdings in shares of Liberty Global by 55.3% in the 4th quarter. Vanguard Group Inc. now owns 5,240,199 shares of the company's stock worth $66,865,000 after acquiring an additional 1,866,197 shares during the period. 37.20% of the stock is owned by hedge funds and other institutional investors.
Liberty Global Company Profile
(
Get Free Report)
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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