42,021 Shares in Liberty Global plc (NASDAQ:LBTYK) Bought by Bank of Montreal Can

Bank of Montreal Can acquired a new position in shares of Liberty Global plc (NASDAQ:LBTYK) 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

In other Liberty Global news, Director Larry E. Romrell sold 26,000 shares of Liberty Global stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $17.55, for a total value of $456,300.00. Following the transaction, the director now directly owns 28,209 shares of the company’s stock, valued at approximately $495,067.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Bryan H. Hall sold 5,000 shares of the business’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 transaction of $99,100.00. Following the transaction, the executive vice president now directly owns 133,902 shares of the company’s stock, valued at $2,653,937.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Larry E. Romrell sold 26,000 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $17.55, for a total value of $456,300.00. Following the transaction, the director now directly owns 28,209 shares in the company, valued at $495,067.95. The disclosure for this sale can be found here. Insiders sold 155,797 shares of company stock worth $2,951,074 in the last quarter. 9.86% of the stock is owned by insiders.

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.