Shares of Liberty Global Ltd. (NASDAQ:LBTYA – Get Free Report) have earned an average recommendation of “Hold” from the seven research firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $17.43.
LBTYA has been the topic of several research analyst reports. 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. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and reduced their price target for the company from $13.10 to $12.60 in a research report on Friday, December 6th. Finally, Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd.
View Our Latest Stock Analysis on Liberty Global
Liberty Global Price Performance
Liberty Global (NASDAQ:LBTYA – Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported $6.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.92) by $7.25. Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.84 billion. As a group, equities analysts predict that Liberty Global will post -1.35 earnings per share for the current year.
Insider Buying and Selling
In related news, major shareholder Nicholas V. Tompras sold 57,000 shares of the business’s stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.94, for a total transaction of $737,580.00. Following the sale, the insider now owns 16,153 shares of the company’s stock, valued at $209,019.82. The trade was a 77.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 11.51% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in LBTYA. Blue Trust Inc. lifted its stake in shares of Liberty Global by 58.1% in the fourth quarter. Blue Trust Inc. now owns 2,940 shares of the company’s stock worth $38,000 after buying an additional 1,081 shares in the last quarter. Spire Wealth Management bought a new position in shares of Liberty Global in the fourth quarter worth approximately $59,000. New Age Alpha Advisors LLC bought a new position in shares of Liberty Global in the fourth quarter worth approximately $73,000. VisionPoint Advisory Group LLC bought a new position in shares of Liberty Global in the fourth quarter worth approximately $123,000. Finally, Yousif Capital Management LLC bought a new position in shares of Liberty Global in the fourth quarter worth approximately $128,000. Institutional investors 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.
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