Miranda Curtis Sells 100,500 Shares of Liberty Global plc (NASDAQ:LBTYA) Stock

Liberty Global plc (NASDAQ:LBTYAGet Rating) Director Miranda Curtis sold 100,500 shares of the business’s stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $20.18, for a total value of $2,028,090.00. Following the sale, the director now owns 213,505 shares of the company’s stock, valued at $4,308,530.90. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Liberty Global Price Performance

LBTYA stock opened at $19.30 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.62 and a quick ratio of 1.62. The business has a 50 day simple moving average of $17.38 and a 200-day simple moving average of $20.26. The firm has a market capitalization of $8.87 billion, a PE ratio of 1.44 and a beta of 1.23. Liberty Global plc has a 1 year low of $15.22 and a 1 year high of $29.08.

Institutional Investors Weigh In On Liberty Global

A number of large investors have recently made changes to their positions in the stock. Captrust Financial Advisors lifted its holdings in Liberty Global by 40.0% in the second quarter. Captrust Financial Advisors now owns 1,821 shares of the company’s stock valued at $38,000 after acquiring an additional 520 shares during the last quarter. Advisor Group Holdings Inc. lifted its holdings in Liberty Global by 10.7% in the first quarter. Advisor Group Holdings Inc. now owns 5,633 shares of the company’s stock valued at $143,000 after acquiring an additional 545 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Liberty Global by 1.4% in the first quarter. Daiwa Securities Group Inc. now owns 42,853 shares of the company’s stock valued at $1,093,000 after acquiring an additional 600 shares during the last quarter. Kinneret Advisory LLC lifted its holdings in Liberty Global by 2.3% in the first quarter. Kinneret Advisory LLC now owns 40,288 shares of the company’s stock valued at $1,044,000 after acquiring an additional 901 shares during the last quarter. Finally, FinTrust Capital Advisors LLC acquired a new position in Liberty Global in the first quarter valued at approximately $26,000. 32.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LBTYA has been the subject of several research reports. Deutsche Bank Aktiengesellschaft cut their price objective on Liberty Global from $32.00 to $29.50 and set a “buy” rating for the company in a research note on Monday, October 17th. Citigroup initiated coverage on Liberty Global in a research note on Friday, October 14th. They set a “neutral” rating and a $18.00 price objective for the company. Finally, Barclays cut their price objective on Liberty Global from $25.00 to $22.00 and set an “equal weight” rating for the company in a research note on Friday, September 30th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $31.17.

About Liberty Global

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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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