Rafferty Asset Management LLC Buys 5,510 Shares of Liberty Global PLC (LBTYK)

Rafferty Asset Management LLC increased its stake in Liberty Global PLC (NASDAQ:LBTYK) by 18.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,187 shares of the company’s stock after buying an additional 5,510 shares during the period. Rafferty Asset Management LLC’s holdings in Liberty Global were worth $991,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bbva Compass Bancshares Inc. purchased a new stake in shares of Liberty Global in the 3rd quarter worth approximately $167,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Liberty Global in the 3rd quarter worth approximately $200,000. Cerebellum GP LLC grew its stake in shares of Liberty Global by 1,186.6% in the 3rd quarter. Cerebellum GP LLC now owns 6,742 shares of the company’s stock worth $190,000 after buying an additional 6,218 shares during the last quarter. Verition Fund Management LLC purchased a new stake in shares of Liberty Global in the 2nd quarter worth approximately $202,000. Finally, SOL Capital Management CO purchased a new stake in shares of Liberty Global in the 3rd quarter worth approximately $231,000. Institutional investors own 61.85% of the company’s stock.

Liberty Global stock opened at $24.29 on Friday. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.36 and a current ratio of 0.36. Liberty Global PLC has a twelve month low of $21.83 and a twelve month high of $37.86.

Several research firms recently weighed in on LBTYK. TheStreet downgraded Liberty Global from a “c-” rating to a “d” rating in a research note on Thursday, November 8th. ValuEngine upgraded Liberty Global from a “sell” rating to a “hold” rating in a research note on Tuesday, October 2nd.

TRADEMARK VIOLATION WARNING: This story was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.com-unik.info/2018/12/02/rafferty-asset-management-llc-buys-5510-shares-of-liberty-global-plc-lbtyk.html.

Liberty Global 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 in Europe. 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, and set-top boxes.

See Also: NASDAQ Stock Market Explained

Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global PLC (NASDAQ:LBTYK).

Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYK)

Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


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