York Capital Management Global Advisors LLC bought a new stake in Liberty Global PLC (NASDAQ:LBTYA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,246,874 shares of the company’s stock, valued at approximately $136,409,000. Liberty Global PLC comprises 2.8% of York Capital Management Global Advisors LLC’s holdings, making the stock its 9th largest holding. York Capital Management Global Advisors LLC owned 1.88% of Liberty Global PLC as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of LBTYA. Franklin Resources Inc. boosted its stake in Liberty Global PLC by 0.6% during the second quarter. Franklin Resources Inc. now owns 8,610 shares of the company’s stock worth $277,000 after buying an additional 48 shares during the period. Jacobi Capital Management LLC lifted its stake in Liberty Global PLC by 1.1% in the second quarter. Jacobi Capital Management LLC now owns 5,093 shares of the company’s stock worth $162,000 after acquiring an additional 57 shares during the last quarter. AXA lifted its stake in Liberty Global PLC by 3.3% in the second quarter. AXA now owns 9,476 shares of the company’s stock worth $305,000 after acquiring an additional 300 shares during the last quarter. High Pointe Capital Management LLC lifted its stake in Liberty Global PLC by 5.7% in the second quarter. High Pointe Capital Management LLC now owns 6,670 shares of the company’s stock worth $214,000 after acquiring an additional 360 shares during the last quarter. Finally, Profund Advisors LLC lifted its stake in Liberty Global PLC by 2.5% in the second quarter. Profund Advisors LLC now owns 17,740 shares of the company’s stock worth $570,000 after acquiring an additional 432 shares during the last quarter. Institutional investors and hedge funds own 22.04% of the company’s stock.

Shares of Liberty Global PLC (NASDAQ:LBTYA) traded down 0.55% during mid-day trading on Friday, reaching $32.82. The company had a trading volume of 603,243 shares. The firm’s 50 day moving average is $33.45 and its 200-day moving average is $32.90. The stock has a market capitalization of $32.94 billion, a P/E ratio of 36.07 and a beta of 1.63. Liberty Global PLC has a 12-month low of $28.17 and a 12-month high of $37.69.

Several equities research analysts have commented on the stock. BidaskClub lowered shares of Liberty Global PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, June 9th. Royal Bank Of Canada set a $40.00 target price on shares of Liberty Global PLC and gave the company a “buy” rating in a research note on Monday, June 12th. UBS AG started coverage on shares of Liberty Global PLC in a research note on Friday, June 16th. They set a “neutral” rating and a $31.00 price objective for the company. Jefferies Group LLC set a $43.00 price objective on shares of Liberty Global PLC and gave the company a “buy” rating in a research note on Saturday, June 17th. Finally, Macquarie reissued a “buy” rating and set a $36.00 target price (down previously from $40.00) on shares of Liberty Global PLC in a research report on Wednesday, June 21st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. Liberty Global PLC presently has a consensus rating of “Buy” and an average target price of $40.83.

In other news, Director John C. Malone acquired 519,592 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were bought at an average price of $24.34 per share, with a total value of $12,646,869.28. Following the acquisition, the director now directly owns 927,830 shares in the company, valued at approximately $22,583,382.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John C. Malone acquired 242,778 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were purchased at an average cost of $24.83 per share, for a total transaction of $6,028,177.74. Following the acquisition, the director now owns 927,830 shares in the company, valued at $23,038,018.90. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 863,089 shares of company stock worth $21,146,691 and sold 182,985 shares worth $5,994,738. Company insiders own 3.93% of the company’s stock.

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Liberty Global PLC 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 (NASDAQ:LBTYA)

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