Portland Hill Asset Management Ltd lowered its position in shares of Liberty Global PLC (NASDAQ:LILAK) by 0.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,653 shares of the company’s stock after selling 265 shares during the quarter. Liberty Global PLC accounts for approximately 0.4% of Portland Hill Asset Management Ltd’s investment portfolio, making the stock its 20th largest position. Portland Hill Asset Management Ltd’s holdings in Liberty Global PLC were worth $699,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in LILAK. FNY Partners Fund LP acquired a new position in shares of Liberty Global PLC in the 1st quarter valued at $149,000. Bronfman E.L. Rothschild L.P. boosted its position in shares of Liberty Global PLC by 63.7% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 7,301 shares of the company’s stock valued at $156,000 after purchasing an additional 2,841 shares during the period. Opera Trading Capital acquired a new position in shares of Liberty Global PLC in the 2nd quarter valued at $172,000. Cibc World Markets Corp acquired a new position in shares of Liberty Global PLC in the 2nd quarter valued at $192,000. Finally, Quantbot Technologies LP acquired a new position in shares of Liberty Global PLC in the 2nd quarter valued at $202,000. 51.91% of the stock is owned by institutional investors and hedge funds.

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Liberty Global PLC (NASDAQ LILAK) traded down 0.90% during midday trading on Thursday, hitting $23.10. The stock had a trading volume of 102,210 shares. Liberty Global PLC has a 52 week low of $19.33 and a 52 week high of $28.99. The firm’s market cap is $3.96 billion. The stock has a 50-day moving average of $24.74 and a 200-day moving average of $24.74.

Several brokerages recently issued reports on LILAK. Macquarie downgraded Liberty Global PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday. BidaskClub downgraded Liberty Global PLC from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th.

Liberty Global PLC 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.

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

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