Y Intercept Hong Kong Ltd Reduces Stock Holdings in Liberty Global PLC $LILAK

Y Intercept Hong Kong Ltd trimmed its position in Liberty Global PLC (NASDAQ:LILAK) by 61.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,879 shares of the company’s stock after selling 142,113 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Liberty Global were worth $742,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in LILAK. Raymond James Financial Inc. purchased a new stake in Liberty Global in the second quarter valued at $30,000. PNC Financial Services Group Inc. raised its stake in shares of Liberty Global by 45.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,773 shares of the company’s stock valued at $36,000 after acquiring an additional 1,797 shares during the period. State of Alaska Department of Revenue acquired a new stake in Liberty Global in the 3rd quarter valued at approximately $50,000. Headlands Technologies LLC boosted its position in shares of Liberty Global by 85.9% during the second quarter. Headlands Technologies LLC now owns 8,515 shares of the company’s stock worth $53,000 after buying an additional 3,934 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new position in Liberty Global during the 2nd quarter worth about $66,000. 52.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on LILAK shares. Wall Street Zen cut shares of Liberty Global from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $8.20.

Liberty Global Stock Up 0.9%

LILAK stock opened at $7.85 on Tuesday. The company’s 50 day moving average price is $7.91 and its 200 day moving average price is $7.93. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of -2.13 and a beta of 0.99. Liberty Global PLC has a fifty-two week low of $4.23 and a fifty-two week high of $9.13. The company has a debt-to-equity ratio of 6.78, a quick ratio of 1.14 and a current ratio of 1.14.

Liberty Global (NASDAQ:LILAK) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.04. Liberty Global had a negative net margin of 16.57% and a negative return on equity of 54.11%. The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.09 billion.

About Liberty Global

Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.

The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.