Liberty Global Ltd (NASDAQ:LBTYA - Get Free Report)'s stock price hit a new 52-week low on Wednesday. The stock traded as low as $9.23 and last traded at $9.26, with a volume of 4274919 shares. The stock had previously closed at $9.43.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on LBTYA shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Liberty Global in a research report on Friday, July 31st. UBS Group reduced their price target on shares of Liberty Global from $12.10 to $11.90 and set a "neutral" rating for the company in a research report on Tuesday, August 4th. Finally, Barclays decreased their price objective on shares of Liberty Global from $13.00 to $10.00 and set an "equal weight" rating for the company in a research note on Tuesday, August 18th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $13.22.
View Our Latest Analysis on LBTYA
Liberty Global Price Performance
The company has a debt-to-equity ratio of 0.82, a current ratio of 1.28 and a quick ratio of 1.28. The company has a 50 day moving average price of $10.37 and a 200 day moving average price of $11.28. The firm has a market cap of $3.16 billion, a PE ratio of -1.03 and a beta of 0.93.
Liberty Global (NASDAQ:LBTYA - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The company reported ($1.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.48) by ($0.59). The firm had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.34 billion. Liberty Global had a negative net margin of 62.12% and a negative return on equity of 28.83%. Sell-side analysts expect that Liberty Global Ltd will post -1.54 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in LBTYA. Squarepoint Ops LLC increased its position in Liberty Global by 94.8% during the 2nd quarter. Squarepoint Ops LLC now owns 349,916 shares of the company's stock worth $3,979,000 after purchasing an additional 170,328 shares during the period. Amundi acquired a new stake in shares of Liberty Global in the 1st quarter valued at approximately $6,196,000. Bank of America Corp DE lifted its holdings in shares of Liberty Global by 16.4% in the 1st quarter. Bank of America Corp DE now owns 675,086 shares of the company's stock valued at $8,162,000 after buying an additional 95,244 shares during the period. Sei Investments Co. boosted its stake in shares of Liberty Global by 167.7% in the first quarter. Sei Investments Co. now owns 284,718 shares of the company's stock valued at $3,442,000 after buying an additional 178,366 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Liberty Global by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 8,832,267 shares of the company's stock valued at $106,782,000 after buying an additional 521,750 shares in the last quarter. 37.20% of the stock is currently owned by institutional investors and hedge funds.
About Liberty Global
(
Get Free Report)
Liberty Global plc is an international telecommunications and investment company focused on broadband, mobile, video, and fixed-line communications services. Through its operating businesses and strategic investments, the company provides connectivity, television, and digital services to consumers and businesses.
Liberty Global has interests in telecommunications operations across Europe. Its portfolio has included Virgin Media O2 in the United Kingdom, a joint venture with Telefónica; Telenet in Belgium; and Sunrise in Switzerland.
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