Liberty Global plc – Class A (LBTYA) Position Reduced by Jackson Square Partners LLC

Jackson Square Partners LLC trimmed its holdings in shares of Liberty Global plc – Class A (NASDAQ:LBTYA) by 1.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,130,859 shares of the company’s stock after selling 50,460 shares during the quarter. Jackson Square Partners LLC owned about 0.38% of Liberty Global plc – Class A worth $106,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of LBTYA. York Capital Management Global Advisors LLC bought a new stake in shares of Liberty Global plc – Class A in the 2nd quarter valued at about $136,409,000. Dodge & Cox lifted its stake in shares of Liberty Global plc – Class A by 17.5% in the 2nd quarter. Dodge & Cox now owns 18,980,203 shares of the company’s stock valued at $609,644,000 after acquiring an additional 2,830,216 shares during the last quarter. Rivulet Capital LLC lifted its stake in shares of Liberty Global plc – Class A by 85.2% in the 2nd quarter. Rivulet Capital LLC now owns 2,727,400 shares of the company’s stock valued at $87,604,000 after acquiring an additional 1,255,100 shares during the last quarter. Farallon Capital Management LLC lifted its stake in shares of Liberty Global plc – Class A by 34.1% in the 2nd quarter. Farallon Capital Management LLC now owns 4,220,104 shares of the company’s stock valued at $135,550,000 after acquiring an additional 1,072,519 shares during the last quarter. Finally, BT Investment Management Ltd bought a new stake in shares of Liberty Global plc – Class A in the 2nd quarter valued at about $24,015,000. Institutional investors and hedge funds own 22.02% of the company’s stock.

In other Liberty Global plc – Class A news, Director John C. Malone sold 90,000 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $33.01, for a total transaction of $2,970,900.00. Following the transaction, the director now owns 4,975,876 shares in the company, valued at approximately $164,253,666.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director J David Wargo bought 75,000 shares of Liberty Global plc – Class A stock in a transaction on Thursday, November 9th. The shares were purchased at an average price of $22.08 per share, for a total transaction of $1,656,000.00. Following the acquisition, the director now directly owns 119,445 shares in the company, valued at approximately $2,637,345.60. The disclosure for this purchase can be found here. Corporate insiders own 3.93% of the company’s stock.

Liberty Global plc – Class A (NASDAQ:LBTYA) opened at $31.20 on Thursday. The company has a market capitalization of $26,092.06, a P/E ratio of 38.78 and a beta of 1.61. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 3.64. Liberty Global plc – Class A has a 52-week low of $28.17 and a 52-week high of $37.69.

A number of equities research analysts have recently weighed in on the company. Jefferies Group set a $42.00 target price on Liberty Global plc – Class A and gave the company a “buy” rating in a research note on Monday, October 30th. Citigroup lowered their target price on Liberty Global plc – Class A from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, November 24th. Buckingham Research assumed coverage on Liberty Global plc – Class A in a research note on Friday, September 29th. They issued a “buy” rating and a $44.00 target price for the company. Zacks Investment Research lowered Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $40.00 target price on shares of Liberty Global plc – Class A in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $39.14.

TRADEMARK VIOLATION NOTICE: This piece of content was posted by Community Financial News and is the property of of Community Financial News. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of international copyright legislation. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/12/07/liberty-global-plc-class-a-lbtya-position-reduced-by-jackson-square-partners-llc.html.

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)

What are top analysts saying about Liberty Global plc - Class A? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Liberty Global plc - Class A and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit