UBS Group Issues Pessimistic Forecast for Liberty Global (NASDAQ:LBTYA) Stock Price

Liberty Global (NASDAQ:LBTYA) had its target price trimmed by UBS Group from $13.00 to $10.60 in a report issued on Monday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also recently commented on the stock. Sanford C. Bernstein cut shares of Liberty Global from an “outperform” rating to a “market perform” rating and decreased their target price for the company from $24.70 to $12.40 in a research report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Liberty Global from $23.00 to $20.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. Finally, Barclays set a $11.00 target price on shares of Liberty Global and gave the company an “equal weight” rating in a research report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $16.94.

Liberty Global Price Performance

Shares of LBTYA opened at $9.23 on Monday. The company has a 50 day moving average price of $10.83 and a 200-day moving average price of $12.42. Liberty Global has a fifty-two week low of $9.14 and a fifty-two week high of $21.56. The stock has a market capitalization of $3.19 billion, a PE ratio of 2.20 and a beta of 1.23. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.19 and a current ratio of 1.05.

Liberty Global (NASDAQ:LBTYA) last posted its earnings results on Friday, May 2nd. The company reported ($3.84) EPS for the quarter, missing analysts’ consensus estimates of ($0.83) by ($3.01). Liberty Global had a net margin of 23.09% and a return on equity of 9.83%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Equities analysts predict that Liberty Global will post -1.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of LBTYA. Barclays PLC increased 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 acquiring an additional 300,126 shares during the period. Accurate Wealth Management LLC increased its stake in shares of Liberty Global by 142.2% in the fourth quarter. Accurate Wealth Management LLC now owns 29,888 shares of the company’s stock worth $355,000 after acquiring an additional 17,546 shares during the period. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Liberty Global in the fourth quarter worth $443,000. SG Americas Securities LLC increased its stake in shares of Liberty Global by 197.3% in the fourth quarter. SG Americas Securities LLC now owns 26,744 shares of the company’s stock worth $341,000 after acquiring an additional 17,749 shares during the period. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of Liberty Global in the fourth quarter worth $2,137,000. Institutional investors and hedge funds 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.