Liberty Global plc (NASDAQ:LBTYK) Stake Trimmed by Aviva PLC

Aviva PLC lowered its stake in Liberty Global plc (NASDAQ:LBTYK – Get Rating) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,168 shares of the company’s stock after selling 2,772 shares during the quarter. Aviva PLC’s holdings in Liberty Global were worth $742,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of LBTYK. Bank of New York Mellon Corp grew its stake in Liberty Global by 11.3% during the 1st quarter. Bank of New York Mellon Corp now owns 469,939 shares of the company’s stock valued at $12,176,000 after acquiring an additional 47,558 shares in the last quarter. Bank of Montreal Can grew its stake in Liberty Global by 1.9% during the 1st quarter. Bank of Montreal Can now owns 26,282 shares of the company’s stock valued at $694,000 after acquiring an additional 501 shares in the last quarter. BlackRock Inc. grew its stake in Liberty Global by 4.9% during the 1st quarter. BlackRock Inc. now owns 14,445,805 shares of the company’s stock valued at $374,293,000 after acquiring an additional 675,496 shares in the last quarter. Yousif Capital Management LLC grew its stake in Liberty Global by 13.2% during the 1st quarter. Yousif Capital Management LLC now owns 14,275 shares of the company’s stock valued at $370,000 after acquiring an additional 1,665 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its stake in Liberty Global by 1.9% during the 1st quarter. Canada Pension Plan Investment Board now owns 360,725 shares of the company’s stock valued at $9,346,000 after acquiring an additional 6,584 shares in the last quarter. Hedge funds and other institutional investors own 52.24% of the company’s stock.

Insider Activity at Liberty Global

In related news, EVP Bryan H. Hall sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of $19.77, for a total value of $197,700.00. Following the completion of the sale, the executive vice president now directly owns 126,497 shares in the company, valued at approximately $2,500,845.69. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, EVP Bryan H. Hall sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 7th. The stock was sold at an average price of $20.76, for a total transaction of $103,800.00. Following the completion of the transaction, the executive vice president now directly owns 133,135 shares in the company, valued at $2,763,882.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Bryan H. Hall sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 28th. The stock was sold at an average price of $19.77, for a total value of $197,700.00. Following the transaction, the executive vice president now owns 126,497 shares of the company’s stock, valued at $2,500,845.69. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,000 shares of company stock valued at $421,740. 9.86% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. StockNews.com cut Liberty Global from a “hold” rating to a “sell” rating in a research note on Friday, May 12th. Pivotal Research lowered their price target on Liberty Global from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Monday, April 17th.

Liberty Global Trading Down 1.9 %

Shares of NASDAQ LBTYK opened at $17.81 on Monday. The stock has a market cap of $7.93 billion, a price-to-earnings ratio of 1.53 and a beta of 1.23. The business has a 50 day simple moving average of $19.58 and a 200 day simple moving average of $20.31. Liberty Global plc has a 52 week low of $16.16 and a 52 week high of $26.11. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.53 and a current ratio of 1.53.

About Liberty Global

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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.