Liberty Global Ltd. (NASDAQ:LBTYA) Receives Average Recommendation of “Hold” from Analysts

Liberty Global Ltd. (NASDAQ:LBTYA) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $18.94.

A number of brokerages recently weighed in on LBTYA. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $13.10 to $12.60 in a research report on Friday, December 6th. UBS Group cut shares of Liberty Global from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.00 to $13.00 in a report on Monday, November 18th. Benchmark reiterated a “buy” rating and set a $27.00 price objective on shares of Liberty Global in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Liberty Global from $38.00 to $23.00 and set a “buy” rating for the company in a research note on Thursday, December 5th. Finally, Barclays reduced their price target on Liberty Global from $20.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, November 25th.

Insider Activity at Liberty Global

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the completion of the transaction, the chief financial officer now directly owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This trade represents a 61.20 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 11.51% of the stock is owned by insiders.

Institutional Trading of Liberty Global

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its position in Liberty Global by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 611,380 shares of the company’s stock valued at $12,906,000 after purchasing an additional 31,259 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Liberty Global during the 3rd quarter valued at about $6,155,000. Geode Capital Management LLC lifted its holdings in shares of Liberty Global by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,262,910 shares of the company’s stock valued at $47,778,000 after buying an additional 141,749 shares during the period. Barclays PLC boosted its stake in shares of Liberty Global by 153.2% in the third quarter. Barclays PLC now owns 496,045 shares of the company’s stock worth $10,471,000 after buying an additional 300,126 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in Liberty Global during the third quarter worth about $1,272,000. Institutional investors and hedge funds own 37.20% of the company’s stock.

Liberty Global Stock Down 1.7 %

Liberty Global stock opened at $12.90 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80. The firm has a market cap of $4.61 billion, a P/E ratio of -1.27 and a beta of 1.25. The business has a fifty day moving average of $14.90 and a two-hundred day moving average of $17.81. Liberty Global has a twelve month low of $10.93 and a twelve month high of $21.56.

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.