Sterling Capital Management LLC decreased its position in Liberty Global PLC (NASDAQ:LBTYA) by 11.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,170 shares of the company’s stock after selling 4,500 shares during the period. Sterling Capital Management LLC’s holdings in Liberty Global PLC were worth $1,098,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its holdings in Liberty Global PLC by 2,739.9% during the 1st quarter. BlackRock Inc. now owns 10,201,377 shares of the company’s stock valued at $365,923,000 after acquiring an additional 9,842,167 shares during the period. York Capital Management Global Advisors LLC bought a new stake in Liberty Global PLC during the 2nd quarter valued at $136,409,000. Dodge & Cox raised its holdings in Liberty Global PLC by 17.5% during the 2nd quarter. Dodge & Cox now owns 18,980,203 shares of the company’s stock valued at $609,644,000 after acquiring an additional 2,830,216 shares during the period. Rivulet Capital LLC raised its holdings in Liberty Global PLC by 85.2% during the 2nd quarter. Rivulet Capital LLC now owns 2,727,400 shares of the company’s stock valued at $87,604,000 after acquiring an additional 1,255,100 shares during the period. Finally, Farallon Capital Management LLC raised its holdings in Liberty Global PLC by 34.1% during the 2nd quarter. Farallon Capital Management LLC now owns 4,220,104 shares of the company’s stock valued at $135,550,000 after acquiring an additional 1,072,519 shares during the period. Institutional investors and hedge funds own 22.03% of the company’s stock.

In related news, Director John C. Malone sold 90,000 shares of Liberty Global PLC stock in a transaction on Monday, September 25th. The shares were sold at an average price of $33.01, for a total transaction of $2,970,900.00. Following the transaction, the director now owns 4,975,876 shares in the company, valued at approximately $164,253,666.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director David E. Rapley sold 2,985 shares of Liberty Global PLC 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 owns 14,795 shares in the company, valued at approximately $485,423.95. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 182,985 shares of company stock worth $5,994,738. 3.93% of the stock is owned by corporate insiders.

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Liberty Global PLC (LBTYA) opened at 31.63 on Friday. The stock has a 50 day moving average of $32.98 and a 200 day moving average of $32.64. Liberty Global PLC has a 12-month low of $28.17 and a 12-month high of $37.69. The company has a market cap of $31.74 billion, a PE ratio of 34.76 and a beta of 1.63.

A number of equities research analysts have issued reports on LBTYA shares. Deutsche Bank AG started coverage on shares of Liberty Global PLC in a report on Wednesday, September 6th. They set a “buy” rating and a $43.00 target price on the stock. Barclays PLC boosted their target price on shares of Liberty Global PLC from $40.00 to $43.50 and gave the company an “overweight” rating in a report on Monday, October 16th. Exane BNP Paribas cut shares of Liberty Global PLC from an “outperform” rating to an “underperform” rating in a report on Monday, September 11th. Macquarie cut shares of Liberty Global PLC from an “outperform” rating to a “neutral” rating in a report on Wednesday, September 27th. Finally, Morgan Stanley boosted 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. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $41.04.

Liberty Global PLC 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.

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

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