Bryan H. Hall Sells 30,000 Shares of Liberty Global plc (NASDAQ:LBTYA) Stock

Liberty Global plc (NASDAQ:LBTYAGet Rating) EVP Bryan H. Hall sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The stock was sold at an average price of $24.22, for a total transaction of $726,600.00. Following the completion of the transaction, the executive vice president now directly owns 175,984 shares in the company, valued at approximately $4,262,332.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of LBTYA stock opened at $22.93 on Thursday. The stock has a fifty day simple moving average of $24.44 and a two-hundred day simple moving average of $26.38. Liberty Global plc has a 52-week low of $21.41 and a 52-week high of $30.58. The firm has a market capitalization of $11.99 billion, a PE ratio of 0.99 and a beta of 1.17. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.43 and a current ratio of 1.43.

Liberty Global (NASDAQ:LBTYAGet Rating) last released its quarterly earnings data on Thursday, February 17th. The company reported $1.08 earnings per share (EPS) for the quarter. Liberty Global had a net margin of 148.96% and a return on equity of 16.37%. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.97 billion. On average, sell-side analysts forecast that Liberty Global plc will post -0.65 EPS for the current fiscal year.

Several research analysts have weighed in on LBTYA shares. Barclays decreased their price target on shares of Liberty Global from $31.00 to $28.00 in a research report on Thursday, May 12th. Bank of America lowered their target price on Liberty Global from $54.50 to $52.50 and set a “buy” rating on the stock in a research report on Wednesday, March 9th. Credit Suisse Group upgraded Liberty Global from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $26.00 to $35.00 in a research report on Thursday, March 24th. Finally, TheStreet cut Liberty Global from a “b” rating to a “c+” rating in a research report on Friday, January 21st. One investment analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $36.22.

A number of hedge funds and other institutional investors have recently made changes to their positions in LBTYA. Advisor Group Holdings Inc. lifted its stake in Liberty Global by 10.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 5,633 shares of the company’s stock worth $143,000 after purchasing an additional 545 shares in the last quarter. M&R Capital Management Inc. lifted its position in shares of Liberty Global by 22.6% in the first quarter. M&R Capital Management Inc. now owns 2,958 shares of the company’s stock worth $75,000 after buying an additional 546 shares in the last quarter. Captrust Financial Advisors boosted its stake in Liberty Global by 37.3% during the third quarter. Captrust Financial Advisors now owns 2,203 shares of the company’s stock valued at $66,000 after buying an additional 598 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in Liberty Global by 1.4% during the 1st quarter. Daiwa Securities Group Inc. now owns 42,853 shares of the company’s stock valued at $1,093,000 after buying an additional 600 shares in the last quarter. Finally, FNY Investment Advisers LLC increased its stake in Liberty Global by 150.0% in the 4th quarter. FNY Investment Advisers LLC now owns 1,050 shares of the company’s stock worth $29,000 after acquiring an additional 630 shares during the last quarter. Institutional investors own 28.05% of the company’s stock.

Liberty Global Company Profile (Get Rating)

Liberty Global plc, 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 intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.

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