UMB Bank n.a. Purchases 55,995 Shares of Liberty Global PLC $LILAK

UMB Bank n.a. lifted its position in shares of Liberty Global PLC (NASDAQ:LILAK) by 13.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 460,037 shares of the company’s stock after acquiring an additional 55,995 shares during the period. UMB Bank n.a.’s holdings in Liberty Global were worth $2,861,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in LILAK. BNP Paribas Financial Markets increased its position in shares of Liberty Global by 241.4% during the fourth quarter. BNP Paribas Financial Markets now owns 96,087 shares of the company’s stock valued at $609,000 after acquiring an additional 67,943 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Liberty Global by 3.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 73,769 shares of the company’s stock valued at $468,000 after acquiring an additional 2,798 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Liberty Global by 102.9% during the fourth quarter. Quantinno Capital Management LP now owns 26,768 shares of the company’s stock valued at $170,000 after acquiring an additional 13,575 shares in the last quarter. ProShare Advisors LLC increased its position in shares of Liberty Global by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 36,509 shares of the company’s stock valued at $231,000 after acquiring an additional 12,014 shares in the last quarter. Finally, Twinbeech Capital LP bought a new stake in shares of Liberty Global during the fourth quarter valued at approximately $168,000. Institutional investors own 52.98% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Scotiabank lifted their target price on shares of Liberty Global from $5.10 to $8.20 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Liberty Global currently has a consensus rating of “Hold” and an average price target of $7.85.

Liberty Global Trading Down 2.4%

NASDAQ:LILAK opened at $8.08 on Friday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 5.00. Liberty Global PLC has a 12 month low of $4.23 and a 12 month high of $10.67. The company has a market cap of $1.62 billion, a PE ratio of -1.36 and a beta of 1.02. The company has a 50 day simple moving average of $7.58 and a two-hundred day simple moving average of $6.37.

Liberty Global (NASDAQ:LILAK) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($2.12) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($2.14). The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Liberty Global had a negative return on equity of 71.58% and a negative net margin of 26.61%.

Liberty Global Company Profile

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.