First New York Securities LLC NY acquired a new position in Liberty Global PLC (NASDAQ:LBTYA) during the second quarter, Holdings Channel reports. The firm acquired 9,800 shares of the company’s stock, valued at approximately $285,000.
A number of other institutional investors have also bought and sold shares of LBTYA. Intermede Investment Partners Ltd increased its stake in Liberty Global PLC by 87.6% in the second quarter. Intermede Investment Partners Ltd now owns 1,094,173 shares of the company’s stock worth $31,797,000 after buying an additional 510,859 shares during the last quarter. Calamos Wealth Management LLC increased its stake in Liberty Global PLC by 14.2% in the second quarter. Calamos Wealth Management LLC now owns 43,003 shares of the company’s stock worth $1,250,000 after buying an additional 5,357 shares during the last quarter. Strs Ohio increased its stake in Liberty Global PLC by 19.0% in the second quarter. Strs Ohio now owns 36,453 shares of the company’s stock worth $1,059,000 after buying an additional 5,826 shares during the last quarter. Bank of Montreal Can purchased a new stake in Liberty Global PLC during the second quarter worth $1,223,000. Finally, Daiwa Securities Group Inc. increased its stake in Liberty Global PLC by 15.2% in the second quarter. Daiwa Securities Group Inc. now owns 6,803 shares of the company’s stock worth $198,000 after buying an additional 900 shares during the last quarter. 21.20% of the stock is currently owned by institutional investors.
Liberty Global PLC (NASDAQ:LBTYA) traded up 1.20% on Wednesday, hitting $33.85. The stock had a trading volume of 1,859,570 shares. Liberty Global PLC has a 52 week low of $26.16 and a 52 week high of $47.01. The stock’s market capitalization is $31.14 billion. The company has a 50-day moving average price of $32.31 and a 200-day moving average price of $34.54.
Liberty Global PLC (NASDAQ:LBTYA) last announced its earnings results on Friday, August 5th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.18) by $0.41. Liberty Global PLC had a negative return on equity of 2.62% and a negative net margin of 1.71%. Equities research analysts anticipate that Liberty Global PLC will post ($0.04) earnings per share for the current fiscal year.
A number of equities research analysts recently commented on LBTYA shares. Zacks Investment Research upgraded Liberty Global PLC from a “sell” rating to a “hold” rating in a report on Monday, August 8th. BNP Paribas started coverage on Liberty Global PLC in a report on Friday, September 2nd. They issued an “outperform” rating and a $41.00 price objective for the company. TheStreet upgraded Liberty Global PLC from a “sell” rating to a “hold” rating in a report on Monday, June 6th. Jefferies Group reiterated a “buy” rating and issued a $46.00 price objective (down previously from $53.00) on shares of Liberty Global PLC in a report on Thursday, June 23rd. Finally, Wunderlich dropped their price objective on Liberty Global PLC from $60.00 to $53.00 and set a “buy” rating for the company in a report on Wednesday, June 22nd. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Liberty Global PLC presently has a consensus rating of “Buy” and an average price target of $44.85.
Liberty Global PLC 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.
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