Liberty Global plc – Class A (NASDAQ:LBTYA) Director David E. Rapley sold 6,750 shares of the firm’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $33.82, for a total transaction of $228,285.00. Following the completion of the sale, the director now owns 8,045 shares in the company, valued at approximately $272,081.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Liberty Global plc – Class A (NASDAQ LBTYA) opened at $36.19 on Monday. The company has a market capitalization of $8,000.00, a price-to-earnings ratio of 40.66 and a beta of 1.62. Liberty Global plc – Class A has a 12-month low of $28.17 and a 12-month high of $37.69. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.47 and a quick ratio of 0.47.

Liberty Global plc – Class A declared that its Board of Directors has approved a stock repurchase program on Monday, December 18th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

LBTYA has been the topic of several research analyst reports. Exane BNP Paribas downgraded shares of Liberty Global plc – Class A from an “outperform” rating to an “underperform” rating in a research note on Monday, September 11th. Zacks Investment Research downgraded shares of Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. BidaskClub cut Liberty Global plc – Class A from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Citigroup reduced their target price on Liberty Global plc – Class A from $40.00 to $37.00 and set a “buy” rating for the company in a research report on Friday, November 24th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $44.00 target price on shares of Liberty Global plc – Class A in a research report on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $39.41.

A number of hedge funds have recently modified their holdings of the stock. Dodge & Cox lifted its holdings in shares of Liberty Global plc – Class A by 17.5% during the second quarter. Dodge & Cox now owns 18,980,203 shares of the company’s stock valued at $609,644,000 after acquiring an additional 2,830,216 shares during the period. Glenview Capital Management LLC lifted its holdings in shares of Liberty Global plc – Class A by 0.9% during the second quarter. Glenview Capital Management LLC now owns 7,853,565 shares of the company’s stock valued at $252,257,000 after acquiring an additional 70,000 shares during the period. Route One Investment Company L.P. lifted its holdings in shares of Liberty Global plc – Class A by 9.0% during the second quarter. Route One Investment Company L.P. now owns 7,347,635 shares of the company’s stock valued at $236,006,000 after acquiring an additional 605,500 shares during the period. York Capital Management Global Advisors LLC bought a new position in shares of Liberty Global plc – Class A during the second quarter valued at $136,409,000. Finally, Farallon Capital Management LLC lifted its holdings in shares of Liberty Global plc – Class A by 34.1% during the second quarter. Farallon Capital Management LLC now owns 4,220,104 shares of the company’s stock valued at $135,550,000 after acquiring an additional 1,072,519 shares during the period. 21.99% of the stock is owned by hedge funds and other institutional investors.

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Liberty Global plc – Class A 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.

Insider Buying and Selling by Quarter for Liberty Global plc - Class A (NASDAQ:LBTYA)

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