Perigon Wealth Management LLC raised its position in shares of Liberty Global plc (NASDAQ:LBTYK – Get Rating) by 21.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,148 shares of the company’s stock after buying an additional 3,245 shares during the quarter. Perigon Wealth Management LLC’s holdings in Liberty Global were worth $299,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in Liberty Global by 54.2% during the third quarter. Bank of New York Mellon Corp now owns 701,860 shares of the company’s stock valued at $11,581,000 after buying an additional 246,814 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Liberty Global by 9.5% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 629,786 shares of the company’s stock valued at $10,392,000 after purchasing an additional 54,752 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of Liberty Global in the 3rd quarter valued at about $404,000. VisionPoint Advisory Group LLC acquired a new position in shares of Liberty Global in the 3rd quarter valued at about $205,000. Finally, Jane Street Group LLC increased its holdings in shares of Liberty Global by 32.4% in the 3rd quarter. Jane Street Group LLC now owns 222,655 shares of the company’s stock valued at $3,674,000 after purchasing an additional 54,478 shares during the period. 52.24% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, EVP Bryan H. Hall sold 5,000 shares of the stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $20.76, for a total value of $103,800.00. Following the transaction, the executive vice president now owns 133,135 shares in the company, valued at $2,763,882.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.86% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Liberty Global Price Performance
Shares of LBTYK opened at $19.55 on Friday. The company has a market capitalization of $8.92 billion, a price-to-earnings ratio of 1.45 and a beta of 1.23. Liberty Global plc has a fifty-two week low of $16.16 and a fifty-two week high of $27.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.61 and a quick ratio of 1.61. The business’s 50-day moving average is $21.34 and its 200-day moving average is $19.88.
Liberty Global Company Profile
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.
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