Stockbridge Partners LLC acquired a new stake in shares of Liberty Global plc – Class A (NASDAQ:LBTYA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 695,000 shares of the company’s stock, valued at approximately $23,567,000. Liberty Global plc – Class A makes up 1.2% of Stockbridge Partners LLC’s investment portfolio, making the stock its 14th largest holding. Stockbridge Partners LLC owned approximately 0.08% of Liberty Global plc – Class A at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. grew its position in Liberty Global plc – Class A by 3,405.7% in the third quarter. Asset Management One Co. Ltd. now owns 216,478 shares of the company’s stock worth $7,341,000 after acquiring an additional 210,303 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in Liberty Global plc – Class A by 15.2% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 136,073 shares of the company’s stock worth $4,614,000 after acquiring an additional 18,000 shares in the last quarter. Platinum Investment Management Ltd. purchased a new position in Liberty Global plc – Class A in the third quarter worth about $366,000. AMP Capital Investors Ltd grew its position in Liberty Global plc – Class A by 19.5% in the third quarter. AMP Capital Investors Ltd now owns 67,707 shares of the company’s stock worth $2,296,000 after acquiring an additional 11,035 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec grew its position in Liberty Global plc – Class A by 5.4% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 40,800 shares of the company’s stock worth $1,389,000 after acquiring an additional 2,100 shares in the last quarter. Hedge funds and other institutional investors own 22.02% of the company’s stock.

Shares of Liberty Global plc – Class A (NASDAQ:LBTYA) opened at $31.20 on Thursday. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.47 and a quick ratio of 0.47. The stock has a market cap of $26,092.06, a PE ratio of 38.78 and a beta of 1.61. Liberty Global plc – Class A has a 12 month low of $28.17 and a 12 month high of $37.69.

In other news, Director John C. Malone sold 90,000 shares of Liberty Global plc – Class A stock in a transaction that occurred 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 sale, the director now owns 4,975,876 shares of the company’s stock, valued at $164,253,666.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director J David Wargo purchased 75,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were bought at an average cost of $22.08 per share, with a total value of $1,656,000.00. Following the purchase, the director now directly owns 119,445 shares of the company’s stock, valued at approximately $2,637,345.60. The disclosure for this purchase can be found here. 3.93% of the stock is owned by company insiders.

Several research firms recently commented on LBTYA. Jefferies Group set a $42.00 price target on Liberty Global plc – Class A and gave the stock a “buy” rating in a research report on Monday, October 30th. Deutsche Bank began coverage on Liberty Global plc – Class A in a research report on Wednesday, September 6th. They issued a “buy” rating and a $43.00 price target for the company. Buckingham Research began coverage on Liberty Global plc – Class A in a research report on Friday, September 29th. They issued a “buy” rating and a $44.00 price target for the company. Citigroup dropped their price target on Liberty Global plc – Class A from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, November 24th. Finally, Zacks Investment Research raised shares of Liberty Global plc – Class A from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Tuesday, October 31st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $39.14.

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About Liberty Global plc – Class A

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.

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

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