Liberty Global plc – Class C (NASDAQ:LBTYK) was the target of some unusual options trading activity on Thursday. Stock traders bought 4,000 call options on the company. This represents an increase of approximately 7,173% compared to the typical volume of 55 call options.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. OTA Financial Group L.P. boosted its stake in Liberty Global plc – Class C by 331.3% in the 4th quarter. OTA Financial Group L.P. now owns 45,700 shares of the company’s stock worth $1,546,000 after purchasing an additional 35,104 shares during the period. Xact Kapitalforvaltning AB boosted its stake in Liberty Global plc – Class C by 4.2% in the 4th quarter. Xact Kapitalforvaltning AB now owns 99,664 shares of the company’s stock worth $3,373,000 after purchasing an additional 4,052 shares during the period. Lake Street Advisors Group LLC acquired a new position in Liberty Global plc – Class C in the 4th quarter worth $334,000. DF Dent & Co. Inc. acquired a new position in Liberty Global plc – Class C in the 4th quarter worth $696,000. Finally, Glenmede Trust Co. NA boosted its stake in Liberty Global plc – Class C by 41.3% in the 4th quarter. Glenmede Trust Co. NA now owns 12,045 shares of the company’s stock worth $406,000 after purchasing an additional 3,521 shares during the period. Institutional investors and hedge funds own 59.05% of the company’s stock.
Shares of Liberty Global plc – Class C (NASDAQ LBTYK) opened at $30.98 on Friday. The company has a debt-to-equity ratio of 5.95, a current ratio of 0.43 and a quick ratio of 0.43. Liberty Global plc – Class C has a 1 year low of $27.36 and a 1 year high of $37.86. The company has a market cap of $25,443.86, a price-to-earnings ratio of 37.78 and a beta of 1.51.
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Liberty Global plc – Class C Company Profile
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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