Andra AP fonden Has $4.35 Million Position in Liberty Global PLC (LBTYA)
Andra AP fonden decreased its position in shares of Liberty Global PLC (NASDAQ:LBTYA) by 8.5% in the second quarter, Holdings Channel reports. The fund owned 158,100 shares of the company’s stock after selling 14,700 shares during the quarter. Andra AP fonden’s holdings in Liberty Global were worth $4,354,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Toronto Dominion Bank increased its stake in Liberty Global by 13.9% during the 1st quarter. Toronto Dominion Bank now owns 13,621 shares of the company’s stock valued at $426,000 after purchasing an additional 1,661 shares in the last quarter. Stifel Financial Corp increased its stake in Liberty Global by 3.9% during the 1st quarter. Stifel Financial Corp now owns 49,615 shares of the company’s stock valued at $1,557,000 after purchasing an additional 1,864 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Liberty Global by 6.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 30,884 shares of the company’s stock valued at $851,000 after purchasing an additional 1,947 shares in the last quarter. Cobblestone Capital Advisors LLC NY increased its stake in Liberty Global by 1.6% during the 2nd quarter. Cobblestone Capital Advisors LLC NY now owns 131,965 shares of the company’s stock valued at $3,634,000 after purchasing an additional 2,084 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC increased its stake in Liberty Global by 27.4% during the 2nd quarter. Quantitative Systematic Strategies LLC now owns 10,200 shares of the company’s stock valued at $281,000 after purchasing an additional 2,192 shares in the last quarter. 21.92% of the stock is owned by institutional investors.
LBTYA has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Friday, June 8th. BidaskClub upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Tuesday, June 12th. Berenberg Bank initiated coverage on shares of Liberty Global in a research note on Wednesday, June 13th. They set a “sell” rating on the stock. Sanford C. Bernstein upgraded shares of Liberty Global to an “outperform” rating and cut their price target for the company from $41.30 to $34.00 in a research note on Friday, June 29th. They noted that the move was a valuation call. Finally, JPMorgan Chase & Co. initiated coverage on shares of Liberty Global in a research note on Tuesday, July 10th. They set a “sell” rating on the stock. Four equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $38.68.
NASDAQ:LBTYA opened at $28.91 on Thursday. The firm has a market capitalization of $21.83 billion, a PE ratio of -12.62 and a beta of 1.55. Liberty Global PLC has a 1-year low of $25.86 and a 1-year high of $39.73. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 5.98.
Liberty Global (NASDAQ:LBTYA) last released its quarterly earnings data on Wednesday, August 8th. The company reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.68. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $4.06 billion. Liberty Global had a negative net margin of 11.46% and a negative return on equity of 27.88%. research analysts predict that Liberty Global PLC will post -0.02 EPS for the current fiscal year.
Liberty Global Company Profile
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.
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