Edinburgh Partners Ltd lowered its stake in Liberty Global PLC (NASDAQ:LBTYA) by 8.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 456,500 shares of the company’s stock after selling 43,500 shares during the period. Liberty Global PLC makes up approximately 2.9% of Edinburgh Partners Ltd’s portfolio, making the stock its 11th largest position. Edinburgh Partners Ltd’s holdings in Liberty Global PLC were worth $15,603,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in LBTYA. Dodge & Cox increased its stake in Liberty Global PLC by 5.2% in the second quarter. Dodge & Cox now owns 15,989,587 shares of the company’s stock valued at $464,657,000 after buying an additional 795,282 shares during the last quarter. Manning & Napier Advisors LLC increased its stake in shares of Liberty Global PLC by 12.1% in the second quarter. Manning & Napier Advisors LLC now owns 12,546,582 shares of the company’s stock worth $364,602,000 after buying an additional 1,355,210 shares during the last quarter. Coatue Management LLC increased its stake in shares of Liberty Global PLC by 25.6% in the second quarter. Coatue Management LLC now owns 6,385,880 shares of the company’s stock worth $185,574,000 after buying an additional 1,302,103 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Liberty Global PLC by 8.8% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 5,241,888 shares of the company’s stock worth $152,329,000 after buying an additional 423,219 shares during the last quarter. Finally, Jackson Square Partners LLC increased its stake in shares of Liberty Global PLC by 22.4% in the second quarter. Jackson Square Partners LLC now owns 3,623,732 shares of the company’s stock worth $105,305,000 after buying an additional 663,403 shares during the last quarter. Institutional investors and hedge funds own 20.71% of the company’s stock.

Institutional Ownership by Quarter for Liberty Global PLC (NASDAQ:LBTYA)

Liberty Global PLC (NASDAQ:LBTYA) traded down 0.43% during trading on Friday, reaching $32.77. The company had a trading volume of 2,489,772 shares. The company’s market capitalization is $30.15 billion. The company has a 50 day moving average price of $32.22 and a 200 day moving average price of $33.05. Liberty Global PLC has a 52-week low of $26.16 and a 52-week high of $37.88.

A number of analysts have commented on the stock. Zacks Investment Research raised shares of Liberty Global PLC from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Monday, October 17th. BNP Paribas assumed coverage on shares of Liberty Global PLC in a research note on Friday, September 2nd. They set an “outperform” rating and a $41.00 price objective for the company. TheStreet lowered shares of Liberty Global PLC from a “hold” rating to a “sell” rating in a research note on Monday, November 7th. Jefferies Group upped their price objective on shares of Liberty Global PLC from $42.00 to $43.00 and gave the company a “buy” rating in a research note on Friday, September 9th. Finally, Goldman Sachs Group Inc. reaffirmed a “buy” rating and set a $41.00 price objective on shares of Liberty Global PLC in a research note on Friday, September 16th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. Liberty Global PLC has an average rating of “Buy” and an average target price of $43.50.

In related news, Director Paul A. Gould bought 10,000 shares of Liberty Global PLC stock in a transaction on Wednesday, November 9th. The shares were purchased at an average price of $20.21 per share, for a total transaction of $202,100.00. Following the completion of the acquisition, the director now owns 77,021 shares in the company, valued at $1,556,594.41. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Bryan H. Hall bought 5,900 shares of Liberty Global PLC stock in a transaction on Tuesday, November 8th. The shares were bought at an average price of $20.03 per share, for a total transaction of $118,177.00. Following the acquisition, the executive vice president now owns 23,429 shares of the company’s stock, valued at approximately $469,282.87. The disclosure for this purchase can be found here. Company insiders own 3.93% of the company’s stock.

Liberty Global PLC Company Profile

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

5 Day Chart for NASDAQ:LBTYA

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