River Road Asset Management LLC acquired a new stake in Liberty Global PLC (NASDAQ:LILA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 169,120 shares of the company’s stock, valued at approximately $3,682,000. River Road Asset Management LLC owned approximately 0.10% of Liberty Global PLC at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LILA. Genesis Asset Managers LLP boosted its stake in shares of Liberty Global PLC by 11.1% in the second quarter. Genesis Asset Managers LLP now owns 8,270,705 shares of the company’s stock valued at $180,053,000 after buying an additional 823,813 shares during the last quarter. Cove Street Capital LLC boosted its stake in shares of Liberty Global PLC by 6.8% in the first quarter. Cove Street Capital LLC now owns 2,034,533 shares of the company’s stock valued at $45,248,000 after buying an additional 129,100 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Liberty Global PLC by 18.5% in the first quarter. Vanguard Group Inc. now owns 918,968 shares of the company’s stock valued at $20,437,000 after buying an additional 143,182 shares during the last quarter. OppenheimerFunds Inc. boosted its stake in shares of Liberty Global PLC by 62.4% in the first quarter. OppenheimerFunds Inc. now owns 878,410 shares of the company’s stock valued at $19,536,000 after buying an additional 337,650 shares during the last quarter. Finally, S&CO Inc. boosted its stake in shares of Liberty Global PLC by 19.8% in the second quarter. S&CO Inc. now owns 562,498 shares of the company’s stock valued at $12,246,000 after buying an additional 93,050 shares during the last quarter. 21.44% of the stock is currently owned by institutional investors.

Liberty Global PLC (LILA) opened at 25.98 on Wednesday. The firm’s 50 day moving average price is $25.74 and its 200 day moving average price is $23.04. The stock’s market cap is $4.45 billion. Liberty Global PLC has a 12 month low of $19.10 and a 12 month high of $29.47.

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LILA has been the topic of several analyst reports. ValuEngine raised Liberty Global PLC from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Morgan Stanley cut Liberty Global PLC from an “equal weight” rating to an “underweight” rating and boosted their price objective for the stock from $22.00 to $26.00 in a research note on Thursday, August 10th. Macquarie reissued a “buy” rating and set a $29.00 price objective on shares of Liberty Global PLC in a research note on Monday, May 8th. Royal Bank Of Canada set a $29.00 price objective on Liberty Global PLC and gave the stock a “buy” rating in a research note on Saturday, May 6th. Finally, Zacks Investment Research cut Liberty Global PLC from a “hold” rating to a “sell” rating in a research note on Thursday, June 1st. Three analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $30.50.

Liberty Global PLC Company Profile

LiLAC Group provides various broadband services over cable distribution systems, and mobile services in Chile and Puerto Rico. It offers triple-play services consisting of video, broadband Internet, and fixed-line telephony services in 34 communities within Santiago; and 42 communities outside Santiago, including Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, and Rancagua, as well as smaller cities across Chile.

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

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