Barclays Trims Liberty Global (NASDAQ:LBTYA) Target Price to $20.00

Liberty Global (NASDAQ:LBTYA - Get Free Report) had its price target lowered by research analysts at Barclays from $22.00 to $20.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price target would indicate a potential upside of 19.47% from the company's current price.

A number of other equities research analysts have also recently issued reports on the company. Citigroup raised Liberty Global from a "neutral" rating to a "buy" rating and upped their target price for the stock from $20.00 to $24.00 in a research report on Friday, February 9th. Benchmark reiterated a "buy" rating and set a $33.00 price target on shares of Liberty Global in a report on Thursday. UBS Group cut their price target on Liberty Global from $23.00 to $22.50 and set a "buy" rating for the company in a report on Monday, February 26th. TheStreet upgraded Liberty Global from a "d+" rating to a "c-" rating in a report on Thursday, January 25th. Finally, New Street Research restated a "neutral" rating on shares of Liberty Global in a report on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Liberty Global presently has an average rating of "Hold" and a consensus target price of $24.25.

Liberty Global Trading Up 0.6 %

NASDAQ LBTYA traded up $0.10 during trading on Friday, hitting $16.74. The stock had a trading volume of 1,874,933 shares, compared to its average volume of 1,608,153. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $6.32 billion, a PE ratio of -2.59 and a beta of 1.16. The firm has a 50 day moving average price of $16.92 and a 200 day moving average price of $17.18. Liberty Global has a twelve month low of $15.01 and a twelve month high of $20.56.

Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $1.32 earnings per share for the quarter. Liberty Global had a negative return on equity of 13.69% and a negative net margin of 37.27%. The business had revenue of $1.95 billion during the quarter. During the same period in the previous year, the company posted ($1.59) earnings per share. As a group, equities research analysts forecast that Liberty Global will post -0.61 earnings per share for the current year.

Insiders Place Their Bets

In other Liberty Global news, CAO Jason Waldron sold 11,226 shares of the business's stock in a transaction 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 transaction, the chief accounting officer now owns 70,666 shares in the company, valued at $1,363,147.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Liberty Global news, EVP Andrea Salvato sold 32,403 shares of the company's stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $17.70, for a total value of $573,533.10. Following the completion of the transaction, the executive vice president now directly owns 102,286 shares of the company's stock, valued at approximately $1,810,462.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Jason Waldron sold 11,226 shares of Liberty Global stock in a transaction on Tuesday, February 27th. The stock was 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 113,629 shares of company stock worth $2,046,783. Company insiders own 11.51% of the company's stock.

Hedge Funds Weigh In On Liberty Global

Several hedge funds and other institutional investors have recently modified their holdings of LBTYA. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in 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 purchasing an additional 1,000 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Liberty Global by 148.1% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,273 shares of the company's stock valued at $39,000 after purchasing an additional 1,357 shares during the period. ARGA Investment Management LP increased its stake in Liberty Global by 1.7% during the 1st quarter. ARGA Investment Management LP now owns 94,600 shares of the company's stock worth $1,601,000 after purchasing an additional 1,591 shares in the last quarter. Bfsg LLC raised its stake in Liberty Global by 45.5% in the first quarter. Bfsg LLC now owns 8,681 shares of the company's stock valued at $147,000 after purchasing an additional 2,715 shares in the last quarter. Finally, BKM Wealth Management LLC boosted its holdings in Liberty Global by 18.8% in the first quarter. BKM Wealth Management LLC now owns 27,352 shares of the company's stock valued at $463,000 after acquiring an additional 4,326 shares during the last quarter. Institutional investors and hedge funds own 37.20% of the company's stock.

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.