Liberty Global PLC Class A (LBTYA) Holdings Increased by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. raised its holdings in Liberty Global PLC Class A (NASDAQ:LBTYA) by 21.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 39,769 shares of the company’s stock after acquiring an additional 7,074 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Liberty Global PLC Class A were worth $1,240,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LBTYA. California Public Employees Retirement System grew its holdings in shares of Liberty Global PLC Class A by 4.2% during the 4th quarter. California Public Employees Retirement System now owns 619,810 shares of the company’s stock worth $22,214,000 after purchasing an additional 25,265 shares during the period. First Trust Advisors LP grew its holdings in shares of Liberty Global PLC Class A by 32.0% during the 4th quarter. First Trust Advisors LP now owns 98,927 shares of the company’s stock worth $3,546,000 after purchasing an additional 23,983 shares during the period. Toronto Dominion Bank grew its holdings in shares of Liberty Global PLC Class A by 32.7% during the 4th quarter. Toronto Dominion Bank now owns 11,960 shares of the company’s stock worth $428,000 after purchasing an additional 2,946 shares during the period. BlackRock Inc. grew its holdings in shares of Liberty Global PLC Class A by 13.2% during the 4th quarter. BlackRock Inc. now owns 9,078,446 shares of the company’s stock worth $325,371,000 after purchasing an additional 1,061,655 shares during the period. Finally, Alexandria Capital LLC purchased a new stake in shares of Liberty Global PLC Class A during the 4th quarter worth about $898,000. Institutional investors own 22.12% of the company’s stock.

In other Liberty Global PLC Class A news, Director J C. Sparkman sold 41,860 shares of the company’s stock in a transaction that occurred on Monday, June 4th. The stock was sold at an average price of $28.88, for a total value of $1,208,916.80. Following the transaction, the director now directly owns 23,202 shares of the company’s stock, valued at approximately $670,073.76. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul A. Gould sold 17,929 shares of the company’s stock in a transaction that occurred on Wednesday, June 6th. The shares were sold at an average price of $28.24, for a total value of $506,314.96. Following the completion of the transaction, the director now directly owns 221,806 shares in the company, valued at $6,263,801.44. The disclosure for this sale can be found here. 5.93% of the stock is owned by corporate insiders.

A number of analysts have recently issued reports on the company. Jefferies Financial Group reiterated a “buy” rating on shares of Liberty Global PLC Class A in a report on Thursday, March 15th. Sanford C. Bernstein upgraded Liberty Global PLC Class A from a “market perform” rating to an “outperform” rating and set a $41.00 target price for the company in a report on Wednesday, March 14th. BidaskClub cut Liberty Global PLC Class A from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Credit Suisse Group upgraded Liberty Global PLC Class A from a “neutral” rating to an “outperform” rating in a report on Thursday, April 19th. Finally, ValuEngine cut Liberty Global PLC Class A from a “sell” rating to a “strong sell” rating in a report on Thursday, March 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. Liberty Global PLC Class A currently has a consensus rating of “Buy” and a consensus target price of $40.45.

NASDAQ LBTYA opened at $29.52 on Friday. Liberty Global PLC Class A has a fifty-two week low of $27.92 and a fifty-two week high of $39.73. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 6.79.

Liberty Global PLC Class A (NASDAQ:LBTYA) last released its quarterly earnings results on Tuesday, May 8th. The company reported ($1.47) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($1.55). The company had revenue of $4.16 billion during the quarter, compared to analysts’ expectations of $4.10 billion. Liberty Global PLC Class A had a negative return on equity of 35.66% and a negative net margin of 20.88%. equities analysts anticipate that Liberty Global PLC Class A will post 0.4 EPS for the current year.

Liberty Global PLC Class A Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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Institutional Ownership by Quarter for Liberty Global PLC Class A (NASDAQ:LBTYA)

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