Zurcher Kantonalbank Zurich Cantonalbank cut its position in Liberty Global PLC (NASDAQ:LBTYA) by 33.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 50,615 shares of the company’s stock after selling 24,939 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Liberty Global PLC were worth $1,626,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Ameritas Investment Partners Inc. acquired a new position in shares of Liberty Global PLC in the 1st quarter valued at $163,000. Simplex Trading LLC acquired a new position in shares of Liberty Global PLC in the 2nd quarter valued at $164,000. Waldron LP acquired a new position in shares of Liberty Global PLC in the 1st quarter valued at $209,000. High Pointe Capital Management LLC boosted its holdings in shares of Liberty Global PLC by 5.7% in the 2nd quarter. High Pointe Capital Management LLC now owns 6,670 shares of the company’s stock valued at $214,000 after buying an additional 360 shares in the last quarter. Finally, World Asset Management Inc acquired a new position in shares of Liberty Global PLC in the 1st quarter valued at $218,000. 22.05% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on LBTYA. Deutsche Bank AG began coverage on shares of Liberty Global PLC in a report on Wednesday. They issued a “buy” rating and a $43.00 target price for the company. BidaskClub upgraded shares of Liberty Global PLC from a “buy” rating to a “strong-buy” rating in a report on Friday, August 4th. Credit Suisse Group cut shares of Liberty Global PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday, May 24th. Morgan Stanley upped their target price on shares of Liberty Global PLC from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Monday, August 7th. Finally, Pivotal Research lowered their target price on shares of Liberty Global PLC from $42.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, July 18th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $40.00.

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In other news, Director John C. Malone purchased 139,052 shares of Liberty Global PLC stock in a transaction dated Wednesday, July 5th. The stock was bought at an average price of $21.74 per share, with a total value of $3,022,990.48. Following the completion of the acquisition, the director now owns 761,816 shares in the company, valued at approximately $16,561,879.84. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director David E. Rapley sold 2,985 shares of the business’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $32.81, for a total transaction of $97,937.85. Following the transaction, the director now directly owns 14,795 shares of the company’s stock, valued at approximately $485,423.95. The disclosure for this sale can be found here. In the last three months, insiders have bought 1,610,000 shares of company stock valued at $37,412,081. Corporate insiders own 3.93% of the company’s stock.

Shares of Liberty Global PLC (NASDAQ LBTYA) opened at 32.62 on Friday. The stock has a 50 day moving average of $33.79 and a 200 day moving average of $33.28. The firm has a market cap of $32.74 billion, a PE ratio of 35.85 and a beta of 1.66. Liberty Global PLC has a 1-year low of $28.17 and a 1-year high of $37.69.

About Liberty Global PLC

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.

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

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