Fiduciary Management Inc. WI grew its holdings in Liberty Global PLC (NASDAQ:LILAK) by 132.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,221,000 shares of the company’s stock after buying an additional 2,404,000 shares during the period. Fiduciary Management Inc. WI owned 2.45% of Liberty Global PLC worth $90,372,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Legal & General Group Plc grew its holdings in shares of Liberty Global PLC by 13.3% in the first quarter. Legal & General Group Plc now owns 68,471 shares of the company’s stock valued at $1,578,000 after purchasing an additional 8,037 shares during the period. Schwab Charles Investment Management Inc. grew its holdings in shares of Liberty Global PLC by 23.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 448,954 shares of the company’s stock valued at $10,344,000 after purchasing an additional 85,177 shares during the period. ARGA Investment Management LP purchased a new stake in shares of Liberty Global PLC in the second quarter valued at about $1,132,000. Opera Trading Capital purchased a new stake in shares of Liberty Global PLC in the second quarter valued at about $172,000. Finally, KCG Holdings Inc. purchased a new stake in shares of Liberty Global PLC in the first quarter valued at about $253,000. Institutional investors and hedge funds own 51.91% of the company’s stock.
Shares of Liberty Global PLC (LILAK) traded down 1.76% during midday trading on Friday, hitting $24.49. 1,148,061 shares of the company were exchanged. Liberty Global PLC has a 52-week low of $19.33 and a 52-week high of $29.89. The company has a 50-day moving average price of $25.01 and a 200-day moving average price of $24.58. The stock’s market capitalization is $4.20 billion.
Separately, BidaskClub raised shares of Liberty Global PLC from a “strong sell” rating to a “sell” rating in a report on Saturday, June 24th.
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Liberty Global PLC Profile
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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