Bank of Montreal Can acquired a new position in shares of Liberty Global plc (NASDAQ:LBTYK – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 42,021 shares of the company’s stock, valued at approximately $769,000.
Other institutional investors also recently modified their holdings of the company. BlackRock Inc. lifted its position in Liberty Global by 4.9% during the first quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock worth $374,293,000 after purchasing an additional 675,496 shares during the period. ACR Alpine Capital Research LLC increased its position in Liberty Global by 15.8% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 10,455,829 shares of the company’s stock valued at $185,800,000 after purchasing an additional 1,430,260 shares during the period. MFN Partners Management LP boosted its holdings in shares of Liberty Global by 8.1% during the 1st quarter. MFN Partners Management LP now owns 6,706,460 shares of the company’s stock worth $173,764,000 after buying an additional 500,000 shares in the last quarter. State Street Corp boosted its holdings in shares of Liberty Global by 1.4% during the 1st quarter. State Street Corp now owns 5,670,313 shares of the company’s stock worth $146,918,000 after buying an additional 79,313 shares in the last quarter. Finally, Perpetual Ltd bought a new position in shares of Liberty Global during the 1st quarter worth approximately $102,933,000. Institutional investors own 49.90% of the company’s stock.
Liberty Global Stock Performance
Shares of LBTYK opened at $16.45 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.70. The stock has a 50-day moving average price of $18.04 and a 200-day moving average price of $18.44. Liberty Global plc has a 12-month low of $16.26 and a 12-month high of $22.78.
Insider Buying and Selling
Wall Street Analyst Weigh In
LBTYK has been the subject of a number of analyst reports. Pivotal Research increased their price target on Liberty Global from $25.00 to $27.00 in a research report on Tuesday, August 15th. StockNews.com assumed coverage on Liberty Global in a report on Thursday, October 5th. They issued a “sell” rating for the company. Finally, TheStreet downgraded Liberty Global from a “c-” rating to a “d+” rating in a research note on Wednesday, October 25th.
Liberty Global Company 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.
- Five stocks we like better than Liberty Global
- What to Know About Investing in Penny Stocks
- Catch the dip on Sociedad Quimica before earnings?
- When to Sell a Stock for Profit or Loss
- Can new GPT store spur generative AI monetization?
- How to Invest and Trade Chinese Stocks
- Energy looks to dominate markets with 3 oil and gas stocks
Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.