Liberty Global plc – Class A (LBTYA) Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC decreased its stake in Liberty Global plc – Class A (NASDAQ:LBTYA) by 3.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 60,044 shares of the company’s stock after selling 2,204 shares during the period. ProShare Advisors LLC’s holdings in Liberty Global plc – Class A were worth $2,154,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Waldron LP bought a new stake in Liberty Global plc – Class A during the first quarter valued at approximately $209,000. M&R Capital Management Inc. raised its position in shares of Liberty Global plc – Class A by 8.5% in the fourth quarter. M&R Capital Management Inc. now owns 6,950 shares of the company’s stock valued at $212,000 after buying an additional 546 shares in the last quarter. High Pointe Capital Management LLC acquired a new position in shares of Liberty Global plc – Class A during the third quarter valued at $216,000. GLG LLC raised its position in shares of Liberty Global plc – Class A 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 in the last quarter. Finally, Pointe Capital Management LLC raised its position in shares of Liberty Global plc – Class A by 9.8% in the third quarter. Pointe Capital Management LLC now owns 8,103 shares of the company’s stock valued at $277,000 after buying an additional 720 shares in the last quarter. 22.93% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Liberty Global plc - Class A (NASDAQ:LBTYA)

Liberty Global plc – Class A (NASDAQ:LBTYA) traded up 1.44% on Friday, reaching $30.38. 1,663,796 shares of the company were exchanged. The company’s 50-day moving average price is $33.75 and its 200-day moving average price is $33.70. The stock has a market capitalization of $31.28 billion, a P/E ratio of 18.27 and a beta of 1.67. Liberty Global plc – Class A has a 12-month low of $26.16 and a 12-month high of $37.69.

Liberty Global plc – Class A (NASDAQ:LBTYA) last released its quarterly earnings data on Thursday, February 16th. The company reported $2.45 earnings per share (EPS) for the quarter. Liberty Global plc – Class A had a negative net margin of 3.26% and a negative return on equity of 4.86%. The business had revenue of $4.22 billion during the quarter, compared to analyst estimates of $4.26 billion. Equities research analysts anticipate that Liberty Global plc – Class A will post ($0.09) earnings per share for the current fiscal year.

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Several brokerages recently weighed in on LBTYA. Royal Bank of Canada restated a “buy” rating and issued a $42.00 price objective on shares of Liberty Global plc – Class A in a report on Monday. Pivotal Research cut their price objective on shares of Liberty Global plc – Class A from $47.00 to $42.00 and set a “buy” rating on the stock in a report on Wednesday, May 10th. Macquarie reiterated a “buy” rating and issued a $40.00 target price on shares of Liberty Global plc – Class A in a report on Monday, May 8th. Jefferies Group LLC increased their target price on shares of Liberty Global plc – Class A from $42.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, May 4th. Finally, TheStreet lowered shares of Liberty Global plc – Class A from a “b-” rating to a “c+” rating in a report on Tuesday, May 9th. One analyst has rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $41.54.

Liberty Global plc – Class A 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.

5 Day Chart for NASDAQ:LBTYA

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