Long Focus Capital Management LLC Has $16.84 Million Holdings in Liberty Global PLC $LILAK

Long Focus Capital Management LLC decreased its holdings in Liberty Global PLC (NASDAQ:LILAK) by 39.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,995,201 shares of the company’s stock after selling 1,300,135 shares during the period. Long Focus Capital Management LLC owned about 1.00% of Liberty Global worth $16,839,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LILAK. Rubric Capital Management LP bought a new stake in Liberty Global in the 3rd quarter valued at $86,569,000. Dimensional Fund Advisors LP lifted its holdings in Liberty Global by 0.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 9,205,771 shares of the company’s stock valued at $77,696,000 after purchasing an additional 63,668 shares during the last quarter. Oaktree Capital Management LP boosted its position in Liberty Global by 186.4% during the third quarter. Oaktree Capital Management LP now owns 6,669,823 shares of the company’s stock worth $56,293,000 after purchasing an additional 4,341,307 shares during the period. Allianz Asset Management GmbH increased its holdings in shares of Liberty Global by 24.5% in the third quarter. Allianz Asset Management GmbH now owns 1,287,750 shares of the company’s stock valued at $10,869,000 after purchasing an additional 253,169 shares during the last quarter. Finally, Banco Santander S.A. increased its holdings in shares of Liberty Global by 899.7% in the third quarter. Banco Santander S.A. now owns 1,093,309 shares of the company’s stock valued at $9,228,000 after purchasing an additional 983,944 shares during the last quarter. 52.98% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Liberty Global

In other news, CAO Brian D. Zook sold 94,494 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $8.04, for a total transaction of $759,731.76. Following the transaction, the chief accounting officer directly owned 6,813 shares of the company’s stock, valued at approximately $54,776.52. This trade represents a 93.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 9.66% of the company’s stock.

Liberty Global Stock Up 2.3%

LILAK opened at $7.95 on Tuesday. The stock has a fifty day moving average of $7.77 and a 200-day moving average of $8.03. The company has a market capitalization of $1.59 billion, a P/E ratio of -2.60 and a beta of 0.97. 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 released its quarterly earnings results on Wednesday, February 18th. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.37). The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.10 billion. Liberty Global had a negative net margin of 13.76% and a negative return on equity of 48.22%.

Analyst Ratings Changes

A number of research firms have recently issued reports on LILAK. Wall Street Zen cut shares of Liberty Global from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Liberty Global in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Liberty Global presently has a consensus rating of “Reduce” and a consensus target price of $8.20.

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.