Liberty Global PLC (LBTYA) Shares Sold by Swiss National Bank

Swiss National Bank cut its stake in Liberty Global PLC (NASDAQ:LBTYA) by 7.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 809,578 shares of the company’s stock after selling 68,500 shares during the period. Swiss National Bank owned approximately 97,282.83% of Liberty Global PLC worth $27,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Franklin Resources Inc. lifted its position in Liberty Global PLC by 0.6% during the 2nd quarter. Franklin Resources Inc. now owns 8,610 shares of the company’s stock worth $277,000 after buying an additional 48 shares in the last quarter. Jacobi Capital Management LLC lifted its position in Liberty Global PLC by 1.1% during the 2nd quarter. Jacobi Capital Management LLC now owns 5,093 shares of the company’s stock worth $162,000 after buying an additional 57 shares in the last quarter. AXA lifted its position in Liberty Global PLC by 3.3% during the 2nd quarter. AXA now owns 9,476 shares of the company’s stock worth $305,000 after buying an additional 300 shares in the last quarter. High Pointe Capital Management LLC lifted its position in Liberty Global PLC by 5.7% during the 2nd quarter. High Pointe Capital Management LLC now owns 6,670 shares of the company’s stock worth $214,000 after buying an additional 360 shares in the last quarter. Finally, Profund Advisors LLC lifted its position in Liberty Global PLC by 2.5% during the 2nd quarter. Profund Advisors LLC now owns 17,740 shares of the company’s stock worth $570,000 after buying an additional 432 shares in the last quarter. 21.82% of the stock is owned by hedge funds and other institutional investors.

Liberty Global PLC (NASDAQ:LBTYA) opened at $30.14 on Friday. The firm has a market cap of $6,650.00, a PE ratio of 35.79 and a beta of 1.62. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.64. Liberty Global PLC has a fifty-two week low of $28.17 and a fifty-two week high of $37.69.

Several equities research analysts have commented on LBTYA shares. ValuEngine cut shares of Liberty Global PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Zacks Investment Research raised shares of Liberty Global PLC from a “sell” rating to a “hold” rating in a report on Friday, August 4th. BidaskClub raised shares of Liberty Global PLC from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Morgan Stanley upped their target price on shares of Liberty Global PLC from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Monday, August 7th. Finally, Deutsche Bank AG started coverage on shares of Liberty Global PLC in a report on Wednesday, September 6th. They issued a “buy” rating and a $43.00 target price on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $40.13.

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In other Liberty Global PLC news, Director John C. Malone sold 90,000 shares of the stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $33.01, for a total transaction of $2,970,900.00. Following the transaction, the director now owns 4,975,876 shares in the company, valued at approximately $164,253,666.76. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director J David Wargo bought 75,000 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were acquired at an average price of $22.08 per share, for a total transaction of $1,656,000.00. Following the transaction, the director now owns 119,445 shares in the company, valued at $2,637,345.60. The disclosure for this purchase can be found here. Over the last three months, insiders sold 270,000 shares of company stock worth $8,636,400. Insiders own 3.93% of the company’s stock.

Liberty Global PLC Profile

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

Institutional Ownership by Quarter for Liberty Global PLC (NASDAQ:LBTYA)

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