HRT Financial LP Sells 40,799 Shares of Liberty Global plc (NASDAQ:LBTYK)

HRT Financial LP cut its position in shares of Liberty Global plc (NASDAQ:LBTYK – Get Rating) by 20.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 161,348 shares of the company’s stock after selling 40,799 shares during the period. HRT Financial LP’s holdings in Liberty Global were worth $3,134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. grew its position in Liberty Global by 4.9% in the first quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock valued at $374,293,000 after acquiring an additional 675,496 shares during the period. MFN Partners Management LP boosted its stake in Liberty Global by 8.1% in the first quarter. MFN Partners Management LP now owns 6,706,460 shares of the company’s stock worth $173,764,000 after purchasing an additional 500,000 shares in the last quarter. State Street Corp boosted its stake in Liberty Global by 1.4% in the first quarter. State Street Corp now owns 5,670,313 shares of the company’s stock worth $146,918,000 after purchasing an additional 79,313 shares in the last quarter. Gabelli Funds LLC boosted its stake in Liberty Global by 0.4% in the first quarter. Gabelli Funds LLC now owns 2,386,494 shares of the company’s stock worth $61,834,000 after purchasing an additional 9,000 shares in the last quarter. Finally, Putnam Investments LLC boosted its stake in Liberty Global by 4.7% in the third quarter. Putnam Investments LLC now owns 2,375,872 shares of the company’s stock worth $39,201,000 after purchasing an additional 105,989 shares in the last quarter. 52.24% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Bryan H. Hall sold 5,000 shares of the company’s stock in a transaction on Tuesday, March 7th. The stock was sold at an average price of $20.76, for a total transaction of $103,800.00. Following the transaction, the executive vice president now owns 133,135 shares of the company’s stock, valued at $2,763,882.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Liberty Global news, EVP Bryan H. Hall sold 6,000 shares of the stock in a transaction dated Thursday, March 30th. The stock was sold at an average price of $20.04, for a total value of $120,240.00. Following the transaction, the executive vice president now owns 120,497 shares of the company’s stock, valued at $2,414,759.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Bryan H. Hall sold 5,000 shares of the stock in a transaction dated Tuesday, March 7th. The shares were sold at an average price of $20.76, for a total value of $103,800.00. Following the completion of the transaction, the executive vice president now directly owns 133,135 shares in the company, valued at approximately $2,763,882.60. The disclosure for this sale can be found here. Insiders have sold 21,000 shares of company stock valued at $421,740 over the last 90 days. 9.86% of the stock is owned by company insiders.

Liberty Global Trading Down 3.3 %

Shares of LBTYK opened at $16.94 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.64. Liberty Global plc has a 12-month low of $16.16 and a 12-month high of $26.11. The firm has a market capitalization of $7.54 billion, a PE ratio of 1.51 and a beta of 1.23. The stock’s fifty day simple moving average is $19.44 and its 200-day simple moving average is $20.26.

Analysts Set New Price Targets

A number of research firms have commented on LBTYK. StockNews.com lowered Liberty Global from a “hold” rating to a “sell” rating in a research note on Friday, May 12th. Pivotal Research reduced their price objective on Liberty Global from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, April 17th.

Liberty Global Profile

(Get Rating)

Liberty Global Plc operates as an international converged fixed and mobile communications company, which engages in the provision of connectivity and entertainment and connectivity services. It operates through the following geographical segments: Switzerland, Belgium, U.K., Ireland, and Central and Other.