First Manhattan Co. cut its position in Liberty Global PLC (NASDAQ:LBTYK) by 7.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,642,175 shares of the company’s stock after selling 123,980 shares during the period. First Manhattan Co. owned approximately 0.28% of Liberty Global PLC worth $53,699,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Prudential Financial Inc. grew its holdings in Liberty Global PLC by 3.3% during the first quarter. Prudential Financial Inc. now owns 19,659 shares of the company’s stock worth $689,000 after acquiring an additional 632 shares during the period. Vanguard Group Inc. grew its holdings in Liberty Global PLC by 6.5% during the first quarter. Vanguard Group Inc. now owns 10,916,462 shares of the company’s stock worth $382,512,000 after acquiring an additional 662,252 shares during the period. Morgan Stanley grew its holdings in Liberty Global PLC by 6.2% during the first quarter. Morgan Stanley now owns 904,313 shares of the company’s stock worth $31,687,000 after acquiring an additional 52,757 shares during the period. KCG Holdings Inc. acquired a new stake in Liberty Global PLC during the first quarter worth about $416,000. Finally, United Capital Financial Advisers LLC acquired a new stake in Liberty Global PLC during the first quarter worth about $211,000. 59.99% of the stock is currently owned by institutional investors and hedge funds.
Liberty Global PLC (LBTYK) traded down 0.57% during mid-day trading on Monday, reaching $29.45. The company had a trading volume of 180,515 shares. Liberty Global PLC has a 12 month low of $27.36 and a 12 month high of $37.00. The company has a market capitalization of $29.56 billion, a price-to-earnings ratio of 32.36 and a beta of 1.56. The firm’s 50 day moving average price is $31.59 and its 200-day moving average price is $31.54.
About Liberty Global PLC
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses internationally. 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, set-top boxes, and pay-per-view programming.
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