Jennison Associates LLC Purchases 399,158 Shares of Liberty Global PLC (LBTYK)
Jennison Associates LLC lifted its position in Liberty Global PLC (NASDAQ:LBTYK) by 24.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,025,673 shares of the company’s stock after acquiring an additional 399,158 shares during the quarter. Jennison Associates LLC owned 0.24% of Liberty Global PLC worth $66,240,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in LBTYK. Principal Financial Group Inc. raised its holdings in Liberty Global PLC by 3.8% in the third quarter. Principal Financial Group Inc. now owns 10,537,869 shares of the company’s stock worth $344,587,000 after purchasing an additional 385,521 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Liberty Global PLC by 201.1% in the third quarter. Daiwa Securities Group Inc. now owns 52,109 shares of the company’s stock worth $1,704,000 after purchasing an additional 34,800 shares in the last quarter. BT Investment Management Ltd raised its holdings in Liberty Global PLC by 2.6% in the third quarter. BT Investment Management Ltd now owns 8,144,593 shares of the company’s stock worth $266,328,000 after purchasing an additional 203,853 shares in the last quarter. Ray Gerald L & Associates Ltd. bought a new position in Liberty Global PLC in the third quarter worth about $204,000. Finally, Andra AP fonden raised its holdings in Liberty Global PLC by 2.5% in the third quarter. Andra AP fonden now owns 102,000 shares of the company’s stock worth $3,335,000 after purchasing an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 59.73% of the company’s stock.
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Liberty Global PLC (NASDAQ:LBTYK) opened at $28.80 on Tuesday. The company has a market cap of $23,540.29, a PE ratio of 34.99 and a beta of 1.55. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 3.64. Liberty Global PLC has a fifty-two week low of $27.36 and a fifty-two week high of $37.00.
Liberty Global PLC Profile
Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses internationally. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, set-top boxes, and pay-per-view programming.
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