TIAA CREF Investment Management LLC increased its stake in shares of Liberty Global PLC (NASDAQ:LBTYA) by 27.8% during the first quarter, Holdings Channel reports. The fund owned 389,317 shares of the company’s stock after buying an additional 84,661 shares during the period. TIAA CREF Investment Management LLC’s holdings in Liberty Global PLC were worth $13,965,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in LBTYA. Norges Bank acquired a new stake in Liberty Global PLC during the fourth quarter valued at $117,707,000. WFG Advisors LP acquired a new stake in Liberty Global PLC during the fourth quarter valued at $2,136,000. I.G. Investment Management LTD. boosted its stake in Liberty Global PLC by 16.5% in the fourth quarter. I.G. Investment Management LTD. now owns 22,376 shares of the company’s stock valued at $684,000 after buying an additional 3,163 shares during the last quarter. Tudor Investment Corp Et Al boosted its stake in Liberty Global PLC by 54.2% in the fourth quarter. Tudor Investment Corp Et Al now owns 10,968 shares of the company’s stock valued at $336,000 after buying an additional 3,857 shares during the last quarter. Finally, GLG LLC boosted its stake in Liberty Global PLC by 6.8% in the fourth quarter. GLG LLC now owns 8,724 shares of the company’s stock valued at $267,000 after buying an additional 555 shares during the last quarter. Institutional investors and hedge funds own 23.59% of the company’s stock.

Liberty Global PLC (LBTYA) opened at 30.32 on Wednesday. The firm has a market cap of $31.22 billion, a price-to-earnings ratio of 18.23 and a beta of 1.68. Liberty Global PLC has a 52-week low of $26.16 and a 52-week high of $37.69. The firm’s 50-day moving average price is $30.69 and its 200 day moving average price is $33.45.

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Several equities research analysts recently weighed in on LBTYA shares. Zacks Investment Research upgraded Liberty Global PLC from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Tuesday, June 20th. Citigroup Inc. boosted their target price on Liberty Global PLC from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, March 6th. Macquarie restated a “buy” rating and set a $42.00 target price on shares of Liberty Global PLC in a research note on Tuesday, April 4th. Jefferies Group LLC set a $42.00 target price on Liberty Global PLC and gave the stock a “buy” rating in a research note on Thursday, March 16th. Finally, Royal Bank Of Canada restated a “buy” rating and set a $42.00 target price on shares of Liberty Global PLC in a research note on Friday, May 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company’s stock. Liberty Global PLC has a consensus rating of “Buy” and an average price target of $40.69.

About Liberty Global PLC

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.

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Institutional Ownership by Quarter for Liberty Global PLC (NASDAQ:LBTYA)

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