Liberty Global plc (NASDAQ:LBTYA) CFO Sells $45,900.00 in Stock

Liberty Global plc (NASDAQ:LBTYA – Get Rating) CFO Charles H. R. Bracken sold 1,800 shares of the firm’s stock in a transaction dated Thursday, June 2nd. The shares were sold at an average price of $25.50, for a total value of $45,900.00. Following the sale, the chief financial officer now owns 168,510 shares in the company, valued at $4,297,005. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of LBTYA stock traded down $0.07 during mid-day trading on Monday, reaching $24.07. 796,795 shares of the company were exchanged, compared to its average volume of 1,209,939. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.43 and a current ratio of 1.43. The business’s 50 day simple moving average is $24.16 and its 200 day simple moving average is $25.96. The company has a market capitalization of $12.59 billion, a P/E ratio of 1.05 and a beta of 1.17. Liberty Global plc has a fifty-two week low of $21.41 and a fifty-two week high of $30.58.

Liberty Global (NASDAQ:LBTYA – Get Rating) last posted its quarterly earnings data on Tuesday, May 10th. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $2.06. The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.91 billion. Liberty Global had a net margin of 148.96% and a return on equity of 16.37%. On average, analysts forecast that Liberty Global plc will post -0.67 EPS for the current year.

A number of large investors have recently bought and sold shares of the stock. First Trust Advisors LP raised its stake in Liberty Global by 25.5% during the first quarter. First Trust Advisors LP now owns 166,858 shares of the company’s stock valued at $4,158,000 after buying an additional 33,941 shares in the last quarter. American Century Companies Inc. acquired a new position in shares of Liberty Global in the 3rd quarter worth approximately $329,000. Geode Capital Management LLC increased its holdings in shares of Liberty Global by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,688,107 shares of the company’s stock valued at $50,215,000 after acquiring an additional 59,405 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Liberty Global by 25.9% during the 3rd quarter. Schroder Investment Management Group now owns 15,171 shares of the company’s stock valued at $452,000 after acquiring an additional 3,122 shares in the last quarter. Finally, Ensign Peak Advisors Inc lifted its stake in Liberty Global by 94.3% during the third quarter. Ensign Peak Advisors Inc now owns 300,455 shares of the company’s stock worth $8,954,000 after purchasing an additional 145,795 shares during the last quarter. Institutional investors and hedge funds own 28.05% of the company’s stock.

A number of analysts have recently issued reports on LBTYA shares. Credit Suisse Group upgraded shares of Liberty Global from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $26.00 to $35.00 in a research note on Thursday, March 24th. Bank of America dropped their price target on shares of Liberty Global from $54.50 to $52.50 and set a “buy” rating on the stock in a research note on Wednesday, March 9th. Finally, Barclays decreased their price objective on shares of Liberty Global from $31.00 to $28.00 in a research report on Thursday, May 12th. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $36.22.

Liberty Global Company Profile (Get Rating)

Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.

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