American Century Companies Inc. Purchases 34,634 Shares of Liberty Global PLC $LILAK

American Century Companies Inc. increased its position in shares of Liberty Global PLC (NASDAQ:LILAK) by 12.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 315,750 shares of the company’s stock after acquiring an additional 34,634 shares during the quarter. American Century Companies Inc. owned about 0.16% of Liberty Global worth $1,961,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of LILAK. Fourth Sail Capital LP acquired a new stake in Liberty Global during the 1st quarter worth approximately $15,734,000. Deutsche Bank AG raised its holdings in Liberty Global by 41.3% during the 4th quarter. Deutsche Bank AG now owns 1,881,436 shares of the company’s stock worth $11,928,000 after buying an additional 549,884 shares during the period. Nuveen LLC acquired a new stake in Liberty Global during the 1st quarter worth approximately $2,327,000. Northern Trust Corp raised its holdings in shares of Liberty Global by 27.1% in the fourth quarter. Northern Trust Corp now owns 1,519,252 shares of the company’s stock valued at $9,632,000 after purchasing an additional 324,018 shares during the last quarter. Finally, Allianz Asset Management GmbH raised its holdings in shares of Liberty Global by 28.8% in the first quarter. Allianz Asset Management GmbH now owns 970,163 shares of the company’s stock valued at $6,025,000 after purchasing an additional 216,897 shares during the last quarter. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Liberty Global Price Performance

NASDAQ:LILAK opened at $8.24 on Tuesday. Liberty Global PLC has a 1-year low of $4.23 and a 1-year high of $10.67. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 5.00. The firm has a fifty day simple moving average of $7.11 and a 200 day simple moving average of $6.26. The stock has a market capitalization of $1.65 billion, a PE ratio of -1.39 and a beta of 1.02.

Liberty Global (NASDAQ:LILAK) last released its earnings results on Thursday, August 7th. The company reported ($2.12) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($2.14). Liberty Global had a negative net margin of 26.61% and a negative return on equity of 71.58%. The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on LILAK. Scotiabank lifted their price objective on shares of Liberty Global from $5.10 to $8.20 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Wall Street Zen downgraded shares of Liberty Global from a “buy” rating to a “hold” rating in a report on Tuesday, May 20th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Liberty Global presently has an average rating of “Hold” and an average price target of $7.85.

About Liberty Global

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.