Liberty Global plc – Class A (LBTYA) Stake Lessened by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI lessened its stake in Liberty Global plc – Class A (NASDAQ:LBTYA) by 8.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,295 shares of the company’s stock after selling 1,657 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Liberty Global plc – Class A were worth $620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Americafirst Capital Management LLC purchased a new position in shares of Liberty Global plc – Class A in the 3rd quarter worth about $108,000. D.A. Davidson & CO. raised its position in shares of Liberty Global plc – Class A by 69.6% in the 2nd quarter. D.A. Davidson & CO. now owns 3,348 shares of the company’s stock worth $107,000 after purchasing an additional 1,374 shares during the last quarter. Massey Quick Simon & CO. LLC purchased a new position in shares of Liberty Global plc – Class A in the 3rd quarter worth about $173,000. Valeo Financial Advisors LLC purchased a new position in shares of Liberty Global plc – Class A in the 3rd quarter worth about $191,000. Finally, Neuberger Berman Group LLC purchased a new position in shares of Liberty Global plc – Class A in the 3rd quarter worth about $207,000. 22.00% of the stock is owned by hedge funds and other institutional investors.

LBTYA has been the subject of several recent analyst reports. Barclays lifted their price target on Liberty Global plc – Class A from $40.00 to $43.50 and gave the stock an “overweight” rating in a research report on Monday, October 16th. Zacks Investment Research raised Liberty Global plc – Class A from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research report on Tuesday, October 31st. Morgan Stanley raised Liberty Global plc – Class A from an “equal weight” rating to an “overweight” rating and set a $38.00 price target for the company in a research report on Wednesday, January 17th. BidaskClub raised Liberty Global plc – Class A from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $44.00 price target on shares of Liberty Global plc – Class A in a research report on Tuesday, December 19th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $39.95.

In other Liberty Global plc – Class A news, Director Miranda Curtis sold 88,361 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $21.63, for a total transaction of $1,911,248.43. Following the completion of the sale, the director now directly owns 218 shares in the company, valued at approximately $4,715.34. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Charles H. R. Bracken sold 14,525 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $21.11, for a total value of $306,622.75. The disclosure for this sale can be found here. Insiders sold a total of 152,911 shares of company stock valued at $3,887,646 over the last quarter. 5.81% of the stock is owned by corporate insiders.

Shares of Liberty Global plc – Class A (NASDAQ:LBTYA) opened at $36.66 on Tuesday. Liberty Global plc – Class A has a twelve month low of $28.17 and a twelve month high of $39.73. The company has a market capitalization of $8,510.00, a PE ratio of 41.19 and a beta of 1.57. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.47 and a quick ratio of 0.47.

Liberty Global plc – Class A announced that its board has initiated a share buyback plan on Monday, December 18th that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

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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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Institutional Ownership by Quarter for Liberty Global plc - Class A (NASDAQ:LBTYA)

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