Andra AP fonden cut its holdings in Liberty Global PLC (NASDAQ:LBTYA) by 8.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 158,100 shares of the company’s stock after selling 14,700 shares during the period. Andra AP fonden’s holdings in Liberty Global were worth $4,354,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the company. Verition Fund Management LLC bought a new position in Liberty Global during the 1st quarter valued at about $255,000. Delpha Capital Management LLC bought a new position in Liberty Global during the 1st quarter valued at about $264,000. Quantitative Systematic Strategies LLC grew its holdings in Liberty Global by 27.4% during the 2nd quarter. Quantitative Systematic Strategies LLC now owns 10,200 shares of the company’s stock valued at $281,000 after purchasing an additional 2,192 shares during the last quarter. AJ Wealth Strategies LLC bought a new position in Liberty Global during the 2nd quarter valued at about $308,000. Finally, Raffles Associates LP bought a new position in Liberty Global during the 2nd quarter valued at about $413,000. Hedge funds and other institutional investors own 21.92% of the company’s stock.
In other news, CFO Charles H. R. Bracken sold 46,054 shares of the company’s stock in a transaction that occurred on Monday, September 17th. The shares were sold at an average price of $27.27, for a total value of $1,255,892.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 5.93% of the stock is currently owned by corporate insiders.
Shares of LBTYA opened at $28.91 on Thursday. Liberty Global PLC has a fifty-two week low of $25.86 and a fifty-two week high of $39.73. The company has a market capitalization of $21.83 billion, a PE ratio of -12.62 and a beta of 1.55. The company has a debt-to-equity ratio of 5.98, a current ratio of 0.36 and a quick ratio of 0.36.
Liberty Global (NASDAQ:LBTYA) last announced its quarterly earnings results on Wednesday, August 8th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.68. Liberty Global had a negative net margin of 11.46% and a negative return on equity of 27.88%. The firm had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $4.06 billion. equities analysts expect that Liberty Global PLC will post -0.02 EPS for the current year.
About Liberty Global
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. 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, and set-top boxes.
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