Liberty Global (NASDAQ:LBTYA) Earns Buy Rating from Benchmark

Benchmark reissued their buy rating on shares of Liberty Global (NASDAQ:LBTYA) in a report released on Tuesday morning, Benzinga reports. The brokerage currently has a $27.00 price objective on the stock.

LBTYA has been the subject of a number of other reports. Citigroup initiated coverage on shares of Liberty Global in a report on Friday, August 9th. They set a “buy” rating and a $25.00 price objective for the company. Bank of America upgraded Liberty Global from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $15.50 to $21.30 in a report on Monday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Liberty Global from $33.00 to $34.00 and gave the company a “buy” rating in a report on Friday, July 12th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Liberty Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.26.

Liberty Global Trading Down 1.0 %

NASDAQ LBTYA opened at $19.81 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.19 and a quick ratio of 1.34. The company’s 50 day moving average is $20.40 and its 200-day moving average is $18.61. Liberty Global has a 12-month low of $15.01 and a 12-month high of $21.56.

Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings results on Tuesday, October 29th. The company reported ($3.95) EPS for the quarter. Liberty Global had a negative net margin of 54.02% and a negative return on equity of 22.30%. The firm had revenue of $1.94 billion for the quarter. Equities research analysts predict that Liberty Global will post -0.61 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of LBTYA. ACR Alpine Capital Research LLC raised its position in shares of Liberty Global by 375.4% during the 1st quarter. ACR Alpine Capital Research LLC now owns 2,744,184 shares of the company’s stock valued at $46,432,000 after purchasing an additional 2,166,932 shares during the period. GSA Capital Partners LLP increased its stake in Liberty Global by 100.5% in the 1st quarter. GSA Capital Partners LLP now owns 112,688 shares of the company’s stock worth $1,907,000 after buying an additional 56,491 shares in the last quarter. Seven Eight Capital LP bought a new stake in Liberty Global during the first quarter valued at about $2,029,000. Scientech Research LLC purchased a new position in shares of Liberty Global in the second quarter valued at about $1,390,000. Finally, Amalgamated Bank bought a new position in shares of Liberty Global in the second quarter worth about $480,000. Institutional investors own 37.20% of the company’s stock.

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.