Oppenheimer & Co. Inc. acquired a new stake in Liberty Global PLC (NASDAQ:LBTYA) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,816 shares of the company’s stock, valued at approximately $251,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. acquired a new position in Liberty Global PLC in the first quarter valued at $163,000. Simplex Trading LLC purchased a new stake in shares of Liberty Global PLC in the second quarter valued at about $164,000. Waldron LP purchased a new stake in shares of Liberty Global PLC in the first quarter valued at about $209,000. World Asset Management Inc purchased a new stake in shares of Liberty Global PLC in the first quarter valued at about $218,000. Finally, Suntrust Banks Inc. purchased a new stake in shares of Liberty Global PLC in the first quarter valued at about $222,000. Institutional investors own 22.04% of the company’s stock.

LBTYA has been the subject of a number of research reports. Zacks Investment Research raised shares of Liberty Global PLC from a “hold” rating to a “buy” rating and set a $33.00 target price for the company in a report on Tuesday, June 20th. BidaskClub raised shares of Liberty Global PLC from a “sell” rating to a “hold” rating in a report on Monday, July 3rd. Redburn Partners raised shares of Liberty Global PLC to a “buy” rating in a report on Tuesday, July 11th. Deutsche Bank AG initiated coverage on shares of Liberty Global PLC in a report on Wednesday, September 6th. They issued a “buy” rating and a $43.00 target price for the company. Finally, ValuEngine raised shares of Liberty Global PLC from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Liberty Global PLC currently has a consensus rating of “Buy” and a consensus price target of $39.92.

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Liberty Global PLC (LBTYA) opened at 33.32 on Wednesday. The company’s 50-day moving average is $33.70 and its 200 day moving average is $33.06. Liberty Global PLC has a 12-month low of $28.17 and a 12-month high of $37.69. The stock has a market capitalization of $33.44 billion, a PE ratio of 36.62 and a beta of 1.66.

In other Liberty Global PLC news, Director David E. Rapley sold 2,985 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $32.81, for a total transaction of $97,937.85. Following the sale, the director now directly owns 14,795 shares in the company, valued at approximately $485,423.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John C. Malone sold 90,000 shares of the business’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $32.51, for a total transaction of $2,925,900.00. Following the sale, the director now owns 6,625,227 shares in the company, valued at $215,386,129.77. The disclosure for this sale can be found here. Insiders have acquired a total of 1,610,000 shares of company stock valued at $37,412,081 over the last three months. 5.81% of the stock is currently owned by company insiders.

Liberty Global PLC 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.

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

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