Liberty Global PLC (NASDAQ:LILA) Stake Held by George Kaiser Family Foundation
Aug 12 2017 by Johnny Bowman
Markel Corp continued to hold its position in Liberty Global PLC (NASDAQ:LBTYA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Following the completion of the purchase, the director now directly owns 927,830 shares in the company, valued at approximately $22,583,382.20.
Other equities analysts also recently issued reports about the stock. Finally, Dodge & Cox bought a new position in Liberty Global PLC during the fourth quarter worth about $493,918,000. Valiant Capital Management, L.p. controls 1,549,348 shares valued at $48,309,000. As of the end of the quarter Md Sass Investors Services Inc had sold 121,000 shares trimming its stake by 57.9%.
Liberty Global plc (LBTYA) stock exposed a turn of -0.32% in most recent week and accomplished 9.04% performance over the last one month. Alken Asset Management Ltd. expanded its position by buying 843,592 shares an increase of 283.2% in the quarter.
Separately, BidaskClub upgraded Liberty Global PLC from a "hold" rating to a "buy" rating in a research report on Wednesday, July 12th. Genesis Asset Managers LLP raised its position in shares of Liberty Global PLC by 11.1% in the second quarter. The Prudential Plc holds 1.21M shares with $82.55 million value, down from 1.30M last quarter. Insiders own 3.93% of the company's stock. Pivotal Research dropped their price objective on shares of Liberty Global PLC from $47.00 to $42.00 and set a "buy" rating for the company in a research report on Wednesday, May 10th. Liberty Global PLC has a one year low of $28.17 and a one year high of $37.69. Company chares are trading at $33.79 which is slightly above the 50 day moving average which is $32.57 and a bit higher than the 200 day moving average of $33.57.
Liberty Global PLC (NASDAQ:LBTYK) opened at 32.91 on Friday. The firm has a market capitalization of $34.14 billion, a price-to-earnings ratio of 37.38 and a beta of 1.67. It also increased its holding in Renaissancere Holdings Ltd (NYSE:RNR) by 189,200 shares in the quarter, for a total of 308,375 shares, and has risen its stake in Hancock Hldg Co (NASDAQ:HBHC). The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Jefferies Group LLC raised their price target on shares of Liberty Global PLC from $42.00 to $43.00 and gave the company a "buy" rating in a research note on Thursday, May 4th. Wunderlich maintained the stock with "Buy" rating in Monday, November 7 report. If you are viewing this piece on another site, it was copied illegally and republished in violation of USA & worldwide copyright law.
WARNING: "Liberty Global PLC (LBTYA) Downgraded to "Hold" at ValuEngine" was originally published by Community Financial News and is the property of of Community Financial News. The original version of this story can be viewed at https://www.themarketsdaily.com/2017/08/11/liberty-global-plc-lbtya-director-purchases-2471644-26-in-stock-updated-updated-updated.html.
A number of research analysts recently weighed in on LBTYA shares.
02/17/2016 - Liberty Global plc had its "outperform" rating reiterated by analysts at RBC Capital. The stock declined 0.01% or $0.01 reaching $124.75 per share. The disclosure for this purchase can be found here.
Want to see what other hedge funds are holding LILA?
Finally, Zacks Investment Research cut shares of Liberty Global PLC from a "hold" rating to a "sell" rating in a research report on Thursday, June 1st.