Liberty Global PLC (LBTYK) Position Reduced by Bronfman E.L. Rothschild L.P.

Share on StockTwits

Bronfman E.L. Rothschild L.P. lessened its stake in Liberty Global PLC (NASDAQ:LBTYK) by 29.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,319 shares of the company’s stock after selling 2,234 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in Liberty Global were worth $150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Franklin Resources Inc. grew its stake in Liberty Global by 79,668.3% in the third quarter. Franklin Resources Inc. now owns 14,440,447 shares of the company’s stock valued at $406,643,000 after acquiring an additional 14,422,344 shares during the period. Baupost Group LLC MA acquired a new position in Liberty Global in the third quarter valued at about $303,251,000. Pendal Group Ltd acquired a new position in Liberty Global in the third quarter valued at about $259,322,000. St. James Investment Company LLC grew its stake in Liberty Global by 112.8% in the third quarter. St. James Investment Company LLC now owns 1,951,991 shares of the company’s stock valued at $54,968,000 after acquiring an additional 1,034,553 shares during the period. Finally, Wallace Capital Management Inc. acquired a new position in Liberty Global in the second quarter valued at about $26,302,000. Institutional investors and hedge funds own 59.18% of the company’s stock.

LBTYK stock opened at $23.20 on Friday. The company has a debt-to-equity ratio of 5.45, a quick ratio of 0.36 and a current ratio of 0.36. Liberty Global PLC has a fifty-two week low of $21.83 and a fifty-two week high of $37.86.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings data on Wednesday, November 7th. The company reported ($0.56) earnings per share for the quarter. The firm had revenue of $2.96 billion for the quarter. Liberty Global had a negative return on equity of 36.93% and a negative net margin of 2.06%.

A number of research analysts have issued reports on the company. TheStreet cut Liberty Global from a “c-” rating to a “d” rating in a research note on Thursday, November 8th. ValuEngine raised Liberty Global from a “sell” rating to a “hold” rating in a research report on Tuesday, October 2nd.

WARNING: This report was originally posted by BBNS and is the sole property of of BBNS. If you are accessing this report on another site, it was illegally copied and reposted in violation of US and international trademark and copyright law. The correct version of this report can be viewed at https://baseballnewssource.com/2018/12/08/liberty-global-plc-lbtyk-position-reduced-by-bronfman-e-l-rothschild-l-p/3064141.html.

Liberty Global 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 in Europe. 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, and set-top boxes.

Featured Story: Closed-End Mutual Funds

Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global PLC (NASDAQ:LBTYK).

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.

 


Latest News

Yu Darvish Receives Cortisone Shot for Elbow Impingement
Yu Darvish Receives Cortisone Shot for Elbow Impingement
Red Sox and Brandon Phillips Agree to Minor League Deal
Red Sox and Brandon Phillips Agree to Minor League Deal
Chris Sale Proves He is 2018 AL Cy Young Candidate
Chris Sale Proves He is 2018 AL Cy Young Candidate
Strong Results by Clint Frazier Could Keep Him with Yankees
Strong Results by Clint Frazier Could Keep Him with Yankees
Giants Closer Breaks Hand Punching Door Following Poor Outing
Giants Closer Breaks Hand Punching Door Following Poor Outing
Evan Longoria Out Six to Eight Weeks With Broken Hand
Evan Longoria Out Six to Eight Weeks With Broken Hand


Leave a Reply

 
© 2006-2019 BBNS.