Liberty Global PLC (NASDAQ:LBTYK) Stock Holdings Decreased by Keating Investment Counselors Inc.

Keating Investment Counselors Inc. reduced its position in shares of Liberty Global PLC (NASDAQ:LBTYK) by 0.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 354,055 shares of the company’s stock after selling 650 shares during the period. Liberty Global comprises about 3.8% of Keating Investment Counselors Inc.’s investment portfolio, making the stock its 7th largest holding. Keating Investment Counselors Inc.’s holdings in Liberty Global were worth $7,271,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LBTYK. Lyrical Asset Management LP purchased a new position in shares of Liberty Global in the 2nd quarter valued at $139,687,000. Naya Capital Management UK Ltd. acquired a new stake in shares of Liberty Global in the 2nd quarter worth $115,557,000. FMR LLC lifted its position in Liberty Global by 37.9% during the 2nd quarter. FMR LLC now owns 11,002,468 shares of the company’s stock worth $236,663,000 after acquiring an additional 3,024,395 shares during the period. Morgan Stanley lifted its position in Liberty Global by 56.3% during the 1st quarter. Morgan Stanley now owns 3,643,445 shares of the company’s stock worth $57,238,000 after acquiring an additional 1,313,012 shares during the period. Finally, Blacksheep Fund Management Ltd purchased a new position in shares of Liberty Global during the 2nd quarter valued at about $15,222,000. Institutional investors own 52.24% of the company’s stock.

Separately, Pivotal Research restated a “buy” rating and set a $30.00 target price on shares of Liberty Global in a report on Monday, August 3rd.

Shares of LBTYK traded down $0.05 during mid-day trading on Monday, hitting $20.30. 111,894 shares of the company’s stock were exchanged, compared to its average volume of 3,480,911. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $12.08 billion, a P/E ratio of 1.24 and a beta of 1.21. Liberty Global PLC has a fifty-two week low of $14.35 and a fifty-two week high of $24.41. The business’s 50 day moving average is $21.10 and its two-hundred day moving average is $21.09.

Liberty Global (NASDAQ:LBTYK) last issued its earnings results on Monday, August 3rd. The company reported ($0.86) earnings per share (EPS) for the quarter. Liberty Global had a net margin of 104.07% and a negative return on equity of 3.19%. The company had revenue of $2.72 billion during the quarter.

Liberty Global 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 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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