Engineers Gate Manager LP Makes New $365,000 Investment in Liberty Global plc (NASDAQ:LBTYK)

Engineers Gate Manager LP bought a new position in Liberty Global plc (NASDAQ:LBTYK – Get Rating) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 22,109 shares of the company’s stock, valued at approximately $365,000.

Several other institutional investors and hedge funds have also recently modified their holdings of LBTYK. Amalgamated Bank lifted its position in Liberty Global by 318.0% during the 3rd quarter. Amalgamated Bank now owns 2,734 shares of the company’s stock valued at $45,000 after acquiring an additional 2,080 shares during the period. Van ECK Associates Corp lifted its position in Liberty Global by 11.7% during the 3rd quarter. Van ECK Associates Corp now owns 9,624 shares of the company’s stock valued at $159,000 after acquiring an additional 1,011 shares during the period. Bartlett & Co. LLC lifted its position in Liberty Global by 164.2% during the 3rd quarter. Bartlett & Co. LLC now owns 10,820 shares of the company’s stock valued at $179,000 after acquiring an additional 6,724 shares during the period. Captrust Financial Advisors lifted its position in Liberty Global by 113.5% during the 2nd quarter. Captrust Financial Advisors now owns 10,128 shares of the company’s stock valued at $224,000 after acquiring an additional 5,385 shares during the period. Finally, CAPROCK Group Inc. purchased a new position in Liberty Global during the 3rd quarter valued at about $226,000. 52.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Liberty Global

In other Liberty Global news, EVP Bryan H. Hall sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 7th. The shares were sold at an average price of $20.76, for a total transaction of $103,800.00. Following the completion of the sale, the executive vice president now directly owns 133,135 shares in the company, valued at approximately $2,763,882.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.86% of the stock is owned by company insiders.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research report on Sunday.

Liberty Global Stock Down 1.3 %

NASDAQ:LBTYK opened at $19.13 on Tuesday. The firm has a market cap of $8.73 billion, a P/E ratio of 1.42 and a beta of 1.23. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.61 and a current ratio of 1.61. Liberty Global plc has a fifty-two week low of $16.16 and a fifty-two week high of $27.00. The firm has a 50-day simple moving average of $21.47 and a two-hundred day simple moving average of $19.93.

Liberty Global Company Profile

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Liberty Global Plc operates as an international converged fixed and mobile communications company, which engages in the provision of connectivity and entertainment and connectivity services. It operates through the following geographical segments: Switzerland, Belgium, U.K., Ireland, and Central and Other.