Cubist Systematic Strategies LLC boosted its stake in Liberty Global PLC Class C (NASDAQ:LBTYK) by 99.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,251 shares of the company’s stock after acquiring an additional 11,095 shares during the period. Cubist Systematic Strategies LLC’s holdings in Liberty Global PLC Class C were worth $592,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in LBTYK. Jennison Associates LLC lifted its position in Liberty Global PLC Class C by 30.4% in the second quarter. Jennison Associates LLC now owns 3,698,497 shares of the company’s stock valued at $98,417,000 after acquiring an additional 861,447 shares during the last quarter. BlackRock Inc. lifted its position in Liberty Global PLC Class C by 5.2% in the second quarter. BlackRock Inc. now owns 17,238,012 shares of the company’s stock valued at $458,707,000 after acquiring an additional 850,267 shares during the last quarter. Farallon Capital Management LLC lifted its position in Liberty Global PLC Class C by 19.4% in the first quarter. Farallon Capital Management LLC now owns 4,898,093 shares of the company’s stock valued at $149,049,000 after acquiring an additional 795,970 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Liberty Global PLC Class C in the second quarter valued at $16,057,000. Finally, ACR Alpine Capital Research LLC lifted its position in Liberty Global PLC Class C by 12.3% in the second quarter. ACR Alpine Capital Research LLC now owns 4,252,303 shares of the company’s stock valued at $113,154,000 after acquiring an additional 464,562 shares during the last quarter. 58.33% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ:LBTYK opened at $28.33 on Wednesday. Liberty Global PLC Class C has a one year low of $25.05 and a one year high of $37.86. The company has a debt-to-equity ratio of 5.98, a current ratio of 0.36 and a quick ratio of 0.36.

Liberty Global PLC Class C (NASDAQ:LBTYK) last announced its earnings results on Wednesday, August 8th. The company reported $0.80 EPS for the quarter. Liberty Global PLC Class C had a negative net margin of 11.46% and a negative return on equity of 27.88%. The business had revenue of $3.05 billion during the quarter.

Separately, ValuEngine cut shares of Liberty Global PLC Class C from a “hold” rating to a “sell” rating in a report on Friday, June 29th.

About Liberty Global PLC Class C

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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Institutional Ownership by Quarter for Liberty Global PLC Class C (NASDAQ:LBTYK)

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