Traders Buy Liberty Global PLC (NASDAQ:LBTYK) on Weakness

Paterniano Del Favero
Agosto 3, 2017

Shares of Liberty Global PLC (NASDAQ:LBTYA) opened at 34.37 on Thursday. Liberty Global PLC has a 1-year low of $19.33 and a 1-year high of $35.68. The firm's market cap is $1.31 billion. The company has a 50 day moving average price of $30.42 and a 200 day moving average price of $32.69.

Institutional investors have recently modified their holdings of the stock. Janus Capital Management LLC's holdings in Liberty Global PLC were worth $501,000 as of its most recent filing with the SEC. Teacher Retirement System of Texas boosted its stake in Liberty Global PLC by 52.4% in the second quarter. Rafferty Asset Management LLC now owns 12,669 shares of the company's stock valued at $282,000 after buying an additional 1,258 shares during the last quarter. CA bought a new position in Liberty Global PLC during the first quarter valued at approximately $201,000. FMR LLC now owns 945,017 shares of the company's stock worth $20,006,000 after buying an additional 305,818 shares during the period. Wayne Hummer Investments L.L.C. acquired a new position in shares of Liberty Global PLC during the first quarter valued at about $218,000. First Trust Advisors LP now owns 88,093 shares of the company's stock valued at $2,747,000 after buying an additional 23,925 shares during the period. Roundview Capital LLC acquired a new position in shares of Liberty Global PLC during the first quarter valued at about $267,000.

Other large investors have also made changes to their positions in the company. Ray Gerald L & Associates Ltd. purchased a new position in Liberty Global PLC during the first quarter worth about $219,000. If you are reading this piece on another website, it was illegally copied and reposted in violation of United States & worldwide copyright laws. "Lowers Position in Liberty Global PLC (LILAK)" was posted by Chaffey Breeze and is owned by of Chaffey Breeze.

Several equities analysts recently commented on LBTYA shares. Liberty Global PLC reported earnings per share of ($2.04) during the same quarter last year, which would indicate a positive year over year growth rate of 95.6%. BidaskClub raised Liberty Global PLC from a "hold" rating to a "buy" rating in a research report on Wednesday, July 19th. UBS AG began coverage on Liberty Global PLC in a research report on Friday, June 16th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock.

In other news, Director John C. Malone purchased 223,186 shares of the company's stock in a transaction dated Thursday, July 6th. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The disclosure for this purchase can be found here.

Liberty Global PLC, formerly Liberty Global, Inc, is an worldwide cable company with operations in 14 countries.

Altre relazioni OverNewsmagazine

Discuti questo articolo

SEGUI I NOSTRI GIORNALE