Analysts Set Liberty Global Ltd. (NASDAQ:LBTYA) PT at $18.94

Shares of Liberty Global Ltd. (NASDAQ:LBTYA) have received a consensus rating of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $18.94.

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

Liberty Global Stock Performance

NASDAQ:LBTYA opened at $12.90 on Monday. The stock has a 50-day moving average price of $14.90 and a 200 day moving average price of $17.81. The stock has a market capitalization of $4.61 billion, a P/E ratio of -1.27 and a beta of 1.25. Liberty Global has a 12-month low of $10.93 and a 12-month high of $21.56. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.80.

Insider Buying and Selling

In other news, CFO Charles H. R. Bracken sold 84,103 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now owns 53,312 shares of the company’s stock, valued at approximately $776,222.72. This represents a 61.20 % decrease in their ownership of the stock. 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 corporate insiders.

Institutional Inflows and Outflows

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

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.