Truist Financial Corp Increases Position in Liberty Global plc (NASDAQ:LBTYK)

Truist Financial Corp lifted its holdings in shares of Liberty Global plc (NASDAQ:LBTYKGet Rating) by 6.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,206 shares of the company’s stock after acquiring an additional 1,419 shares during the quarter. Truist Financial Corp’s holdings in Liberty Global were worth $367,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of LBTYK. CX Institutional bought a new stake in Liberty Global in the second quarter valued at about $26,000. US Bancorp DE increased its holdings in Liberty Global by 33.9% in the second quarter. US Bancorp DE now owns 1,778 shares of the company’s stock valued at $39,000 after buying an additional 450 shares during the last quarter. HighTower Trust Services LTA bought a new stake in Liberty Global in the second quarter valued at about $324,000. EverSource Wealth Advisors LLC bought a new stake in Liberty Global in the second quarter valued at about $64,000. Finally, Venture Visionary Partners LLC bought a new stake in Liberty Global in the second quarter valued at about $84,000. 52.24% of the stock is owned by hedge funds and other institutional investors.

Liberty Global Stock Performance

Shares of NASDAQ LBTYK opened at $21.96 on Wednesday. Liberty Global plc has a 12-month low of $16.16 and a 12-month high of $29.17. The company has a market cap of $10.10 billion, a PE ratio of 1.63 and a beta of 1.23. The stock has a 50 day simple moving average of $20.40 and a 200-day simple moving average of $20.17. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.53.

Liberty Global (NASDAQ:LBTYKGet Rating) last announced its earnings results on Tuesday, November 1st. The company reported $4.87 EPS for the quarter. Liberty Global had a return on equity of 23.81% and a net margin of 93.60%. The firm had revenue of $1.75 billion for the quarter.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, CAO Jason Waldron sold 10,803 shares of the company’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $20.25, for a total value of $218,760.75. Following the transaction, the chief accounting officer now owns 92,419 shares of the company’s stock, valued at $1,871,484.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Liberty Global news, EVP Bryan H. Hall sold 7,000 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $20.10, for a total transaction of $140,700.00. Following the sale, the executive vice president now directly owns 136,984 shares of the company’s stock, valued at approximately $2,753,378.40. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Jason Waldron sold 10,803 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $20.25, for a total transaction of $218,760.75. Following the sale, the chief accounting officer now directly owns 92,419 shares in the company, valued at $1,871,484.75. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 126,441 shares of company stock valued at $2,559,588. Corporate insiders own 9.86% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Liberty Global in a research note on Wednesday, October 12th. They issued a “hold” rating for the company.

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.

Featured Stories

Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYK)

Receive News & Ratings for Liberty Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global and related companies with MarketBeat.com's FREE daily email newsletter.