Liberty Global PLC (LILAK) Upgraded by HSBC Holdings plc to Hold
Liberty Global PLC (NASDAQ:LILAK) was upgraded by equities researchers at HSBC Holdings plc from a “reduce” rating to a “hold” rating in a research note issued to investors on Monday.
Several other brokerages also recently issued reports on LILAK. BidaskClub upgraded Liberty Global PLC from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Macquarie cut Liberty Global PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 27th.
Liberty Global PLC (NASDAQ LILAK) opened at $22.22 on Monday. Liberty Global PLC has a 52-week low of $19.40 and a 52-week high of $27.82.
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Several institutional investors have recently made changes to their positions in LILAK. Bronfman E.L. Rothschild L.P. grew its stake in shares of Liberty Global PLC by 63.7% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 7,301 shares of the company’s stock worth $156,000 after purchasing an additional 2,841 shares during the period. Opera Trading Capital acquired a new stake in shares of Liberty Global PLC during the second quarter worth $172,000. Cibc World Markets Corp acquired a new stake in shares of Liberty Global PLC during the second quarter worth $192,000. Quantbot Technologies LP acquired a new stake in shares of Liberty Global PLC during the second quarter worth $202,000. Finally, Teacher Retirement System of Texas acquired a new stake in shares of Liberty Global PLC during the second quarter worth $208,000. 54.33% of the stock is owned by institutional investors and hedge funds.
About Liberty Global PLC
LiLAC Group provides various broadband services over cable distribution systems, and mobile services in Chile and Puerto Rico. It offers triple-play services consisting of video, broadband Internet, and fixed-line telephony services in 34 communities within Santiago; and 42 communities outside Santiago, including Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, and Rancagua, as well as smaller cities across Chile.
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