Liberty Global plc – Class C (LBTYK) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its holdings in shares of Liberty Global plc – Class C (NASDAQ:LBTYK) by 51.2% during the fourth quarter, Holdings Channel reports. The fund owned 78,809 shares of the company’s stock after purchasing an additional 26,700 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Liberty Global plc – Class C were worth $2,667,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in LBTYK. Thornburg Investment Management Inc. grew its position in shares of Liberty Global plc – Class C by 772.8% during the third quarter. Thornburg Investment Management Inc. now owns 2,198,453 shares of the company’s stock worth $71,889,000 after acquiring an additional 1,946,556 shares during the last quarter. Stockbridge Partners LLC purchased a new position in shares of Liberty Global plc – Class C during the third quarter worth approximately $55,762,000. Asset Management One Co. Ltd. grew its position in shares of Liberty Global plc – Class C by 6,654.1% during the third quarter. Asset Management One Co. Ltd. now owns 989,343 shares of the company’s stock worth $32,351,000 after acquiring an additional 974,695 shares during the last quarter. St. James Investment Company LLC grew its position in shares of Liberty Global plc – Class C by 2,169.2% during the fourth quarter. St. James Investment Company LLC now owns 897,575 shares of the company’s stock worth $30,374,000 after acquiring an additional 858,020 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Liberty Global plc – Class C by 48.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,230,218 shares of the company’s stock worth $75,473,000 after acquiring an additional 731,099 shares during the last quarter. Institutional investors and hedge funds own 59.45% of the company’s stock.

Liberty Global plc – Class C (NASDAQ LBTYK) opened at $34.92 on Thursday. Liberty Global plc – Class C has a 1 year low of $27.36 and a 1 year high of $37.86. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.47 and a quick ratio of 0.47. The firm has a market cap of $27,888.97, a price-to-earnings ratio of 41.45 and a beta of 1.51.

Liberty Global plc – Class C declared that its board has authorized a share repurchase plan on Monday, December 18th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

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Liberty Global plc – Class C Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses internationally. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, set-top boxes, and pay-per-view programming.

Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global plc – Class C (NASDAQ:LBTYK).

Institutional Ownership by Quarter for Liberty Global plc - Class C (NASDAQ:LBTYK)

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