Investors Traded Stock: Liberty Global plc (LBTYK)

Pablo Tucker
August 12, 2017

News stories about Liberty Global PLC (NASDAQ:LBTYK) have been trending somewhat positive on Saturday, Accern reports. Five equities research analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has assigned a strong buy recommendation to the company. They now have a Dollars 38 price target on the stock.

The following firms have also recently changed their position in LBTYA.

In Services sector, Liberty Global plc (LBTYA) holds floating shares of 959.64 million and 959.64 million outstanding shares. The stock of Liberty Global plc - Class A Ordinary Shares (NASDAQ:LBTYA) has "Equal-Weight" rating given on Monday, January 11 by Morgan Stanley. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. The stock declined 1.05% or $0.7 reaching $66.23 per share.

Torray Llc, which manages about $624.45M and $939.27M US Long portfolio, upped its stake in Gannett by 325,300 shares to 1.05M shares, valued at $10.15 million in 2016Q4, according to the filing. The company achieved year to date performance of 12.00% and disseminated yield of -3.22% for the past six months. The disclosure for this purchase can be found here. ACR Alpine Capital Research LLC now owns 3,334,573 shares of the company's stock valued at $116,843,000 after buying an additional 102,538 shares in the last quarter. The stock of EOG Resources Inc (NYSE:EOG) earned "Buy" rating by GMP Securities on Wednesday, February 3.

Several other institutional investors have also recently modified their holdings of LILAK. Royal Bank Of Canada reaffirmed a "buy" rating and issued a $42.00 price target on shares of Liberty Global PLC in a report on Monday, May 15th. The East Coast Asset Management Llc holds 485,787 shares with $14.43 million value, up from 133,347 last quarter. Dodge & Cox purchased a new stake in Liberty Global PLC during the fourth quarter worth $493,918,000. Oxford Asset Management purchased a new stake in shares of Liberty Global PLC during the first quarter valued at $1,490,000. Gruss Capital Management LP purchased a new stake in shares of Liberty Global PLC during the first quarter valued at $12,159,000. Artisan Partners Limited Partnership now owns 10,900,902 shares of the company's stock worth $391,015,000 after buying an additional 76,709 shares during the period. Yakira Capital Management Inc. purchased a new position in Liberty Global PLC during the first quarter worth $1,715,000.

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06/21/2017 - Liberty Global plc had its "outperform" rating reiterated by analysts at Macquarie.

Shares of Liberty Global PLC (NASDAQ:LBTYA) opened at 34.02 on Monday. Liberty Global PLC has a one year low of $19.10 and a one year high of $30.13. The company has a market cap of $33.02 billion, a P/E ratio of 36.15 and a beta of 1.59.

The stock's 50 day moving average is 32.57 and its 200 day moving average is 33.57.

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