Glacier Peak Capital LLC Acquires New Stake in Liberty Global PLC Class C (LBTYK)

Glacier Peak Capital LLC acquired a new stake in shares of Liberty Global PLC Class C (NASDAQ:LBTYK) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 223,463 shares of the company’s stock, valued at approximately $6,800,000. Liberty Global PLC Class C comprises about 4.1% of Glacier Peak Capital LLC’s portfolio, making the stock its 7th largest holding.

Several other large investors also recently made changes to their positions in LBTYK. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Liberty Global PLC Class C by 111.2% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,565 shares of the company’s stock worth $426,000 after acquiring an additional 6,616 shares during the last quarter. BlackRock Inc. increased its stake in shares of Liberty Global PLC Class C by 0.3% in the fourth quarter. BlackRock Inc. now owns 16,810,262 shares of the company’s stock worth $568,858,000 after acquiring an additional 48,916 shares during the last quarter. State of Wisconsin Investment Board acquired a new position in shares of Liberty Global PLC Class C in the fourth quarter worth $37,744,000. OTA Financial Group L.P. increased its stake in shares of Liberty Global PLC Class C by 331.3% in the fourth quarter. OTA Financial Group L.P. now owns 45,700 shares of the company’s stock worth $1,546,000 after acquiring an additional 35,104 shares during the last quarter. Finally, Guggenheim Capital LLC increased its stake in shares of Liberty Global PLC Class C by 10.7% in the fourth quarter. Guggenheim Capital LLC now owns 120,228 shares of the company’s stock worth $4,070,000 after acquiring an additional 11,578 shares during the last quarter. Institutional investors own 58.41% of the company’s stock.

Liberty Global PLC Class C stock traded up $0.24 during mid-day trading on Thursday, hitting $28.62. 11,380 shares of the company’s stock were exchanged, compared to its average volume of 3,202,495. The company has a debt-to-equity ratio of 6.79, a current ratio of 0.33 and a quick ratio of 0.33. Liberty Global PLC Class C has a 1-year low of $27.04 and a 1-year high of $37.86.

Separately, ValuEngine raised shares of Liberty Global PLC Class C from a “sell” rating to a “hold” rating in a research report on Monday.

About Liberty Global PLC Class C

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

Institutional Ownership by Quarter for Liberty Global PLC Class C (NASDAQ:LBTYK)

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