Liberty Global plc – Class A (LBTYA) Director David E. Rapley Sells 6,750 Shares

Liberty Global plc – Class A (NASDAQ:LBTYA) Director David E. Rapley sold 6,750 shares of the business’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $33.82, for a total transaction of $228,285.00. Following the completion of the sale, the director now directly owns 8,045 shares in the company, valued at approximately $272,081.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Liberty Global plc – Class A (LBTYA) opened at $36.19 on Friday. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 3.64. The company has a market cap of $7,980.00, a price-to-earnings ratio of 40.66 and a beta of 1.62. Liberty Global plc – Class A has a 1 year low of $28.17 and a 1 year high of $37.69.

Liberty Global plc – Class A announced that its Board of Directors has approved a share buyback plan on Monday, December 18th that permits the company to buyback $2.00 billion in outstanding shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

A number of institutional investors and hedge funds have recently modified their holdings of LBTYA. Standard Life Investments LTD acquired a new position in shares of Liberty Global plc – Class A during the second quarter valued at about $105,000. D.A. Davidson & CO. raised its holdings in shares of Liberty Global plc – Class A by 69.6% during the second quarter. D.A. Davidson & CO. now owns 3,348 shares of the company’s stock valued at $107,000 after purchasing an additional 1,374 shares during the period. Americafirst Capital Management LLC acquired a new position in shares of Liberty Global plc – Class A during the third quarter valued at about $108,000. Commonwealth Bank of Australia raised its holdings in shares of Liberty Global plc – Class A by 96.7% during the second quarter. Commonwealth Bank of Australia now owns 4,712 shares of the company’s stock valued at $150,000 after purchasing an additional 2,316 shares during the period. Finally, Jacobi Capital Management LLC raised its holdings in shares of Liberty Global plc – Class A by 1.1% during the second quarter. Jacobi Capital Management LLC now owns 5,093 shares of the company’s stock valued at $162,000 after purchasing an additional 57 shares during the period. 22.00% of the stock is currently owned by institutional investors and hedge funds.

Several analysts recently weighed in on LBTYA shares. Exane BNP Paribas cut shares of Liberty Global plc – Class A from an “outperform” rating to an “underperform” rating in a research note on Monday, September 11th. Macquarie cut shares of Liberty Global plc – Class A from an “outperform” rating to a “neutral” rating in a research report on Wednesday, September 27th. Buckingham Research began coverage on shares of Liberty Global plc – Class A in a research report on Friday, September 29th. They set a “buy” rating and a $44.00 price target on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $40.00 price target on shares of Liberty Global plc – Class A in a research report on Monday, October 2nd. Finally, Zacks Investment Research cut shares of Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $39.41.

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Liberty Global plc – Class A Company Profile

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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