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

Liberty Global Ltd. (NASDAQ:LBTYA) has been assigned an average recommendation of “Hold” from the nine analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $18.13.

Several brokerages have recently commented on LBTYA. Barclays reduced their price target on shares of 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. Bank of America downgraded Liberty Global from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $13.10 to $12.60 in a report on Friday, December 6th. Deutsche Bank Aktiengesellschaft lowered their price target on Liberty Global from $38.00 to $23.00 and set a “buy” rating for the company in a report on Thursday, December 5th. Sanford C. Bernstein cut Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $24.70 to $12.40 in a research note on Thursday. Finally, Benchmark reiterated a “buy” rating and set a $27.00 target price on shares of Liberty Global in a research note on Tuesday, October 29th.

Liberty Global Trading Up 2.1 %

LBTYA opened at $11.88 on Friday. Liberty Global has a 12-month low of $10.93 and a 12-month high of $21.56. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market capitalization of $4.25 billion, a PE ratio of -1.17 and a beta of 1.25. The firm’s fifty day moving average price is $12.74 and its 200 day moving average price is $17.29.

Insider Activity

In other Liberty Global news, CFO Charles H. R. Bracken sold 84,103 shares of Liberty Global stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $14.56, for a total transaction of $1,224,539.68. Following the sale, the chief financial officer now owns 53,312 shares of the company’s stock, valued at $776,222.72. The trade was a 61.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 11.51% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its holdings in Liberty Global by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 1,545 shares of the company’s stock worth $27,000 after purchasing an additional 601 shares in the last quarter. Blue Trust Inc. increased its position in shares of Liberty Global by 58.1% during the 4th quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock valued at $38,000 after purchasing an additional 1,081 shares during the period. DekaBank Deutsche Girozentrale raised its stake in shares of Liberty Global by 62.1% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 10,807 shares of the company’s stock worth $227,000 after buying an additional 4,142 shares in the last quarter. Clifford Capital Partners LLC acquired a new stake in shares of Liberty Global in the third quarter valued at $227,000. Finally, Private Advisor Group LLC boosted its stake in Liberty Global by 8.1% during the third quarter. Private Advisor Group LLC now owns 11,113 shares of the company’s stock valued at $235,000 after buying an additional 835 shares in the last quarter. 37.20% of the stock is owned by institutional investors and hedge funds.

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.