Capital World Investors reduced its position in shares of Liberty Global PLC (NASDAQ:LBTYA) by 94.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 714,030 shares of the company’s stock after selling 11,279,773 shares during the quarter. Capital World Investors owned about 0.32% of Liberty Global PLC worth $22,935,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LBTYA. Allen Investment Management LLC boosted its position in Liberty Global PLC by 14.6% during the 2nd quarter. Allen Investment Management LLC now owns 90,921 shares of the company’s stock valued at $2,920,000 after acquiring an additional 11,561 shares in the last quarter. Bedrijfstakpensioenfonds Voor DE Media PNO bought a new stake in Liberty Global PLC during the 2nd quarter valued at $1,754,000. Legal & General Group Plc boosted its position in Liberty Global PLC by 1.4% during the 2nd quarter. Legal & General Group Plc now owns 1,097,107 shares of the company’s stock valued at $35,238,000 after acquiring an additional 15,011 shares in the last quarter. Beck Mack & Oliver LLC boosted its position in Liberty Global PLC by 25.1% during the 2nd quarter. Beck Mack & Oliver LLC now owns 1,541,373 shares of the company’s stock valued at $49,509,000 after acquiring an additional 308,913 shares in the last quarter. Finally, Prudential Financial Inc. bought a new stake in Liberty Global PLC during the 1st quarter valued at $288,000. Institutional investors own 22.04% of the company’s stock.

Several analysts have issued reports on the company. BidaskClub raised Liberty Global PLC from a “buy” rating to a “strong-buy” rating in a research report on Friday, August 4th. Morgan Stanley increased their target price on Liberty Global PLC from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Monday, August 7th. Zacks Investment Research raised Liberty Global PLC from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. ValuEngine cut Liberty Global PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $40.00 target price on shares of Liberty Global PLC in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $40.83.

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Shares of Liberty Global PLC (LBTYA) opened at 33.09 on Monday. The stock has a 50 day moving average price of $33.44 and a 200-day moving average price of $32.87. The firm has a market cap of $33.21 billion, a PE ratio of 36.36 and a beta of 1.63. Liberty Global PLC has a 52-week low of $28.17 and a 52-week high of $37.69.

In related news, Director John C. Malone acquired 100,719 shares of the firm’s stock in a transaction on Tuesday, July 11th. The stock was bought at an average price of $24.54 per share, for a total transaction of $2,471,644.26. Following the completion of the purchase, the director now directly owns 927,830 shares of the company’s stock, valued at approximately $22,768,948.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John C. Malone sold 90,000 shares of the company’s stock in a transaction on Monday, September 25th. The shares were sold at an average price of $33.01, for a total transaction of $2,970,900.00. Following the completion of the transaction, the director now owns 4,975,876 shares of the company’s stock, valued at approximately $164,253,666.76. The disclosure for this sale can be found here. Insiders sold 182,985 shares of company stock worth $5,994,738 in the last three months. 5.81% of the stock is currently owned by corporate insiders.

About Liberty Global PLC

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

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

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