34,530 Shares in Liberty Global plc (NASDAQ:LBTYA) Bought by Seven Eight Capital LP

Seven Eight Capital LP acquired a new position in shares of Liberty Global plc (NASDAQ:LBTYA) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 34,530 shares of the company’s stock, valued at approximately $673,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Captrust Financial Advisors raised its position in Liberty Global by 40.0% in the second quarter. Captrust Financial Advisors now owns 1,821 shares of the company’s stock valued at $38,000 after purchasing an additional 520 shares during the last quarter. CVA Family Office LLC raised its position in Liberty Global by 272.3% in the fourth quarter. CVA Family Office LLC now owns 2,420 shares of the company’s stock valued at $46,000 after purchasing an additional 1,770 shares during the last quarter. Franklin Resources Inc. raised its position in Liberty Global by 67.4% in the fourth quarter. Franklin Resources Inc. now owns 2,699 shares of the company’s stock valued at $51,000 after purchasing an additional 1,087 shares during the last quarter. Dark Forest Capital Management LP bought a new position in Liberty Global in the fourth quarter valued at about $56,000. Finally, Blair William & Co. IL raised its position in Liberty Global by 202.1% in the first quarter. Blair William & Co. IL now owns 3,018 shares of the company’s stock valued at $59,000 after purchasing an additional 2,019 shares during the last quarter. 34.59% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. TheStreet downgraded Liberty Global from a “c-” rating to a “d+” rating in a research report on Tuesday, July 25th. Berenberg Bank lowered their price objective on Liberty Global from $33.00 to $26.00 in a research report on Friday, July 7th. Finally, Benchmark restated a “buy” rating and set a $33.00 price objective on shares of Liberty Global in a research report on Monday, July 24th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Liberty Global has an average rating of “Hold” and a consensus target price of $26.77.

Insider Buying and Selling

In other Liberty Global news, EVP Bryan H. Hall sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $19.82, for a total value of $99,100.00. Following the completion of the sale, the executive vice president now owns 133,902 shares of the company’s stock, valued at $2,653,937.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Charles H. R. Bracken sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $17.41, for a total value of $870,500.00. Following the transaction, the chief financial officer now owns 52,013 shares in the company, valued at $905,546.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bryan H. Hall sold 5,000 shares of Liberty Global stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $19.82, for a total value of $99,100.00. Following the sale, the executive vice president now owns 133,902 shares in the company, valued at $2,653,937.64. The disclosure for this sale can be found here. Insiders sold 105,000 shares of company stock valued at $1,916,100 over the last 90 days. Company insiders own 9.45% of the company’s stock.

Liberty Global Trading Up 2.1 %

NASDAQ LBTYA opened at $17.63 on Monday. The business has a 50 day simple moving average of $18.08 and a 200 day simple moving average of $18.17. Liberty Global plc has a one year low of $15.22 and a one year high of $22.09. The stock has a market capitalization of $7.48 billion, a P/E ratio of 1.48 and a beta of 1.27. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.45 and a quick ratio of 1.45.

Liberty Global (NASDAQ:LBTYA) last released its earnings results on Monday, July 24th. The company reported ($1.13) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.89). Liberty Global had a negative return on equity of 15.74% and a negative net margin of 48.91%. The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.81 billion. Research analysts expect that Liberty Global plc will post -1.89 earnings per share for the current year.

Liberty Global Profile

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; internet services; security solutions, such as anti-virus, anti-spyware, firewall, and spam protection; smart home services; online storage solutions; web spaces; and Connect Box that delivers in-home Wi-Fi service.