Liberty Global Ltd. (NASDAQ:LBTYA) Given Consensus Recommendation of "Hold" by Analysts

Liberty Global Ltd. (NASDAQ:LBTYA - Get Free Report) has received an average recommendation of "Hold" from the seven ratings firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $26.36.

A number of research firms have recently weighed in on LBTYA. TheStreet raised Liberty Global from a "d+" rating to a "c-" rating in a report on Thursday, January 25th. New Street Research reissued a "neutral" rating on shares of Liberty Global in a report on Wednesday, February 28th. HSBC cut Liberty Global from a "buy" rating to a "hold" rating and cut their price target for the stock from $26.00 to $20.00 in a report on Monday, March 18th. Citigroup raised Liberty Global from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $20.00 to $24.00 in a report on Friday, February 9th. Finally, Barclays boosted their price target on Liberty Global from $22.00 to $23.00 and gave the stock an "equal weight" rating in a report on Friday, January 12th.

Liberty Global Stock Performance

NASDAQ:LBTYA traded down $0.45 during mid-day trading on Wednesday, reaching $16.25. 2,109,474 shares of the stock were exchanged, compared to its average volume of 1,555,689. The company has a 50 day simple moving average of $17.22 and a 200-day simple moving average of $17.20. The stock has a market capitalization of $6.14 billion, a P/E ratio of -1.71 and a beta of 1.18. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. Liberty Global has a 1 year low of $15.01 and a 1 year high of $20.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings results on Thursday, February 15th. The company reported ($8.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.35) by ($7.88). The business had revenue of $1.92 billion during the quarter, compared to analysts' expectations of $1.88 billion. Liberty Global had a negative net margin of 54.08% and a negative return on equity of 19.26%. Analysts anticipate that Liberty Global will post -0.61 earnings per share for the current fiscal year.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the business's stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total transaction of $216,549.54. Following the completion of the transaction, the chief accounting officer now directly owns 70,666 shares of the company's stock, valued at approximately $1,363,147.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CAO Jason Waldron sold 11,226 shares of the company's stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $19.29, for a total value of $216,549.54. Following the completion of the sale, the chief accounting officer now directly owns 70,666 shares of the company's stock, valued at approximately $1,363,147.14. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director J David Wargo sold 30,000 shares of the company's stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $17.35, for a total transaction of $520,500.00. Following the completion of the sale, the director now directly owns 159,632 shares of the company's stock, valued at $2,769,615.20. The disclosure for this sale can be found here. Insiders sold 113,629 shares of company stock valued at $2,046,783 in the last ninety days. Company insiders own 11.51% of the company's stock.

Institutional Trading of Liberty Global

Hedge funds and other institutional investors have recently made changes to their positions in the business. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in shares of Liberty Global by 4.2% during the third quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 25,000 shares of the company's stock valued at $428,000 after acquiring an additional 1,000 shares during the period. EverSource Wealth Advisors LLC grew its position in Liberty Global by 148.1% in the third quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company's stock worth $39,000 after acquiring an additional 1,357 shares in the last quarter. ARGA Investment Management LP grew its position in Liberty Global by 1.7% in the first quarter. ARGA Investment Management LP now owns 94,600 shares of the company's stock worth $1,601,000 after acquiring an additional 1,591 shares in the last quarter. Bfsg LLC grew its position in Liberty Global by 45.5% in the first quarter. Bfsg LLC now owns 8,681 shares of the company's stock worth $147,000 after acquiring an additional 2,715 shares in the last quarter. Finally, BKM Wealth Management LLC grew its position in Liberty Global by 18.8% in the first quarter. BKM Wealth Management LLC now owns 27,352 shares of the company's stock worth $463,000 after acquiring an additional 4,326 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors.

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.