Alexandria Capital LLC Buys Shares of 162,373 Liberty Global plc – Class C (NASDAQ:LBTYK)

Alexandria Capital LLC acquired a new position in shares of Liberty Global plc – Class C (NASDAQ:LBTYK) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 162,373 shares of the company’s stock, valued at approximately $5,495,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Eagle Investment Management LLC increased its position in shares of Liberty Global plc – Class C by 1.2% during the 3rd quarter. First Eagle Investment Management LLC now owns 17,996,078 shares of the company’s stock valued at $588,472,000 after purchasing an additional 217,315 shares during the last quarter. BlackRock Inc. increased its position in shares of Liberty Global plc – Class C by 0.3% during the 4th quarter. BlackRock Inc. now owns 16,810,262 shares of the company’s stock valued at $568,858,000 after purchasing an additional 48,916 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Liberty Global plc – Class C by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 10,537,869 shares of the company’s stock valued at $344,587,000 after purchasing an additional 385,521 shares during the last quarter. BT Investment Management Ltd increased its position in shares of Liberty Global plc – Class C by 2.6% during the 3rd quarter. BT Investment Management Ltd now owns 8,144,593 shares of the company’s stock valued at $266,328,000 after purchasing an additional 203,853 shares during the last quarter. Finally, Macquarie Group Ltd. increased its position in shares of Liberty Global plc – Class C by 0.4% during the 3rd quarter. Macquarie Group Ltd. now owns 3,941,158 shares of the company’s stock valued at $128,876,000 after purchasing an additional 14,161 shares during the last quarter. 59.78% of the stock is currently owned by institutional investors and hedge funds.

Separately, ValuEngine downgraded Liberty Global plc – Class C from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st.

Shares of Liberty Global plc – Class C (LBTYK) traded down $0.02 during trading on Wednesday, reaching $31.71. The company’s stock had a trading volume of 1,583,407 shares, compared to its average volume of 3,104,054. The company has a market cap of $26,413.89, a P/E ratio of -13.74 and a beta of 1.61. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 5.95. Liberty Global plc – Class C has a 12 month low of $27.36 and a 12 month high of $37.86.

Liberty Global plc – Class C announced that its Board of Directors has authorized a stock buyback program on Monday, December 18th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

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Liberty Global plc – Class C Company Profile

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses internationally. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, set-top boxes, and pay-per-view programming.

Institutional Ownership by Quarter for Liberty Global plc - Class C (NASDAQ:LBTYK)

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