Bbva Compass Bancshares Inc. bought a new position in shares of Liberty Global PLC (NASDAQ:LBTYK) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,933 shares of the company’s stock, valued at approximately $167,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Standard Life Aberdeen plc increased its holdings in Liberty Global by 23.7% during the 2nd quarter. Standard Life Aberdeen plc now owns 135,314 shares of the company’s stock worth $3,602,000 after purchasing an additional 25,956 shares in the last quarter. First Republic Investment Management Inc. increased its holdings in Liberty Global by 12.9% during the 2nd quarter. First Republic Investment Management Inc. now owns 32,855 shares of the company’s stock worth $874,000 after purchasing an additional 3,756 shares in the last quarter. Millennium Management LLC increased its holdings in Liberty Global by 638.5% during the 2nd quarter. Millennium Management LLC now owns 281,186 shares of the company’s stock worth $7,482,000 after purchasing an additional 243,113 shares in the last quarter. First Hawaiian Bank acquired a new position in shares of Liberty Global during the 3rd quarter worth about $241,000. Finally, Milestone Group Inc. boosted its stake in shares of Liberty Global by 35.3% during the 2nd quarter. Milestone Group Inc. now owns 9,051 shares of the company’s stock worth $241,000 after buying an additional 2,360 shares during the last quarter. Hedge funds and other institutional investors own 58.26% of the company’s stock.
Liberty Global stock opened at $24.51 on Friday. Liberty Global PLC has a one year low of $22.56 and a one year high of $37.86. 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 (NASDAQ:LBTYK) last posted its quarterly earnings data on Wednesday, August 8th. The company reported $0.80 EPS for the quarter. Liberty Global 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.
A number of equities analysts have recently commented on LBTYK shares. TheStreet downgraded shares of Liberty Global from a “c-” rating to a “d” rating in a research note on Thursday. ValuEngine upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd.
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About Liberty Global
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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