Ajo LP Increases Holdings in Liberty Global plc (NASDAQ:LBTYK)

Ajo LP grew its holdings in Liberty Global plc (NASDAQ:LBTYK) by 77.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 436,078 shares of the company’s stock after acquiring an additional 190,972 shares during the period. Ajo LP owned about 0.07% of Liberty Global worth $8,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. TD Asset Management Inc. grew its position in shares of Liberty Global by 102.7% during the 3rd quarter. TD Asset Management Inc. now owns 43,172 shares of the company’s stock valued at $887,000 after acquiring an additional 21,876 shares during the period. Verdence Capital Advisors LLC purchased a new position in Liberty Global in the 3rd quarter valued at about $375,000. Asset Management Advisors LLC lifted its stake in Liberty Global by 12.7% in the 3rd quarter. Asset Management Advisors LLC now owns 243,000 shares of the company’s stock valued at $4,990,000 after buying an additional 27,350 shares in the last quarter. Acadian Asset Management LLC lifted its stake in Liberty Global by 1,193.1% in the 3rd quarter. Acadian Asset Management LLC now owns 3,687,929 shares of the company’s stock valued at $75,728,000 after buying an additional 3,402,728 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Liberty Global by 19.6% in the 3rd quarter. Sei Investments Co. now owns 52,913 shares of the company’s stock valued at $1,084,000 after buying an additional 8,658 shares in the last quarter. Institutional investors and hedge funds own 52.24% of the company’s stock.

Shares of LBTYK opened at $21.89 on Friday. The firm has a fifty day moving average price of $20.41 and a 200 day moving average price of $21.43. Liberty Global plc has a 1-year low of $14.35 and a 1-year high of $23.61. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.99 and a quick ratio of 1.99. The stock has a market cap of $12.76 billion, a PE ratio of -6.67 and a beta of 1.26.

Separately, Pivotal Research reaffirmed a “buy” rating and issued a $30.00 price target on shares of Liberty Global in a research note on Monday, August 3rd.

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 Wi-Fi and Internet services, such as email, address book, and parental controls; security; online storage solutions and Web spaces; and Connect Box, a connectivity device that delivers in-home Wi-Fi coverage.

Featured Article: What Is Dividend Yield and How Do You Calculate It?

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


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