Macquarie Group Ltd. Has $33.71 Million Stake in Liberty Global PLC Class A (LBTYA)

Macquarie Group Ltd. lifted its position in Liberty Global PLC Class A (NASDAQ:LBTYA) by 20.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,223,866 shares of the company’s stock after buying an additional 208,107 shares during the quarter. Macquarie Group Ltd.’s holdings in Liberty Global PLC Class A were worth $33,705,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Quantitative Systematic Strategies LLC acquired a new stake in shares of Liberty Global PLC Class A in the first quarter worth $251,000. Verition Fund Management LLC acquired a new position in Liberty Global PLC Class A during the 1st quarter valued at $255,000. Delpha Capital Management LLC acquired a new position in Liberty Global PLC Class A during the 1st quarter valued at $264,000. AJ Wealth Strategies LLC acquired a new position in Liberty Global PLC Class A during the 2nd quarter valued at $308,000. Finally, Raffles Associates LP acquired a new position in Liberty Global PLC Class A during the 2nd quarter valued at $413,000. Institutional investors and hedge funds own 21.92% of the company’s stock.

Several research firms recently commented on LBTYA. Pivotal Research reiterated a “buy” rating and set a $35.00 target price on shares of Liberty Global PLC Class A in a research note on Tuesday, September 11th. BidaskClub cut shares of Liberty Global PLC Class A from a “hold” rating to a “sell” rating in a research note on Friday, July 27th. JPMorgan Chase & Co. began coverage on shares of Liberty Global PLC Class A in a research note on Tuesday, July 10th. They set a “sell” rating for the company. Macquarie cut shares of Liberty Global PLC Class A from an “outperform” rating to a “neutral” rating in a research note on Wednesday, July 11th. Finally, ValuEngine cut shares of Liberty Global PLC Class A from a “hold” rating to a “sell” rating in a research note on Thursday, June 28th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. Liberty Global PLC Class A presently has an average rating of “Hold” and a consensus price target of $38.68.

NASDAQ:LBTYA opened at $28.20 on Monday. Liberty Global PLC Class A has a one year low of $25.86 and a one year high of $39.73. The firm has a market cap of $21.18 billion, a P/E ratio of -12.31 and a beta of 1.55. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 5.98.

Liberty Global PLC Class A (NASDAQ:LBTYA) last announced its quarterly earnings data on Wednesday, August 8th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.68. Liberty Global PLC Class A had a negative net margin of 11.46% and a negative return on equity of 27.88%. The company had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $4.06 billion. analysts forecast that Liberty Global PLC Class A will post -0.02 earnings per share for the current fiscal 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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