Xact Kapitalforvaltning AB Acquires 41,257 Shares of Liberty Global PLC (NASDAQ:LBTYK)

Xact Kapitalforvaltning AB grew its position in Liberty Global PLC (NASDAQ:LBTYK) by 46.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,454 shares of the company’s stock after buying an additional 41,257 shares during the quarter. Xact Kapitalforvaltning AB’s holdings in Liberty Global were worth $3,158,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Baupost Group LLC MA boosted its holdings in shares of Liberty Global by 176.2% during the fourth quarter. Baupost Group LLC MA now owns 29,742,795 shares of the company’s stock worth $613,891,000 after purchasing an additional 18,973,925 shares during the period. Boston Partners raised its position in Liberty Global by 90.3% during the first quarter. Boston Partners now owns 11,841,063 shares of the company’s stock valued at $286,673,000 after acquiring an additional 5,618,382 shares in the last quarter. Foxhaven Asset Management LP raised its position in Liberty Global by 13.7% during the fourth quarter. Foxhaven Asset Management LP now owns 6,605,015 shares of the company’s stock valued at $136,328,000 after acquiring an additional 794,676 shares in the last quarter. CI Investments Inc. raised its position in Liberty Global by 10.6% during the fourth quarter. CI Investments Inc. now owns 5,960,300 shares of the company’s stock valued at $123,021,000 after acquiring an additional 573,400 shares in the last quarter. Finally, Macquarie Group Ltd. raised its position in Liberty Global by 12.5% during the fourth quarter. Macquarie Group Ltd. now owns 5,284,683 shares of the company’s stock valued at $109,075,000 after acquiring an additional 588,652 shares in the last quarter. Institutional investors own 59.22% of the company’s stock.

Shares of NASDAQ:LBTYK traded up $0.32 during trading on Friday, reaching $26.53. The stock had a trading volume of 2,503,700 shares, compared to its average volume of 2,837,425. Liberty Global PLC has a 52 week low of $19.24 and a 52 week high of $28.77. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 6.85. The firm’s fifty day moving average is $25.31.

Liberty Global (NASDAQ:LBTYK) last released its quarterly earnings results on Monday, May 6th. The company reported ($0.43) EPS for the quarter. Liberty Global had a net margin of 16.23% and a negative return on equity of 2.41%. The firm had revenue of $2.87 billion during the quarter.

Liberty Global 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 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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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYK)

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