Liberty Global PLC (NASDAQ:LBTYA) has been given an average rating of “Buy” by the eighteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $40.42.

LBTYA has been the subject of several research reports. Jefferies Group LLC boosted their price objective on shares of Liberty Global PLC from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, May 4th. Royal Bank Of Canada reiterated a “buy” rating and set a $42.00 price objective on shares of Liberty Global PLC in a research note on Friday, May 5th. Macquarie reiterated a “buy” rating and set a $40.00 price objective on shares of Liberty Global PLC in a research note on Monday, May 8th. Pivotal Research decreased their price objective on shares of Liberty Global PLC from $47.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, May 10th. Finally, TheStreet downgraded shares of Liberty Global PLC from a “b-” rating to a “c+” rating in a research note on Tuesday, May 9th.

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Liberty Global PLC (LBTYA) traded up 1.808% during midday trading on Friday, reaching $34.635. 588,237 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $32.71 and its 200 day moving average is $33.56. Liberty Global PLC has a 52 week low of $28.17 and a 52 week high of $37.69. The firm has a market capitalization of $34.76 billion, a P/E ratio of 38.060 and a beta of 1.67.

In other Liberty Global PLC news, Director John C. Malone bought 139,052 shares of the company’s stock in a transaction on Wednesday, July 5th. The shares were bought at an average cost of $21.74 per share, with a total value of $3,022,990.48. Following the completion of the acquisition, the director now owns 761,816 shares of the company’s stock, valued at $16,561,879.84. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John C. Malone bought 223,186 shares of the company’s stock in a transaction on Thursday, July 6th. The shares were acquired at an average cost of $21.76 per share, for a total transaction of $4,856,527.36. Following the completion of the acquisition, the director now directly owns 761,816 shares of the company’s stock, valued at approximately $16,577,116.16. The disclosure for this purchase can be found here. Insiders purchased 1,610,000 shares of company stock worth $37,412,081 over the last ninety days. 5.81% of the stock is currently owned by corporate insiders.

Several hedge funds have recently modified their holdings of the company. HighTower Advisors LLC boosted its stake in shares of Liberty Global PLC by 919.0% in the second quarter. HighTower Advisors LLC now owns 367,982 shares of the company’s stock worth $11,820,000 after buying an additional 331,871 shares during the period. Farallon Capital Management LLC boosted its stake in shares of Liberty Global PLC by 34.1% in the second quarter. Farallon Capital Management LLC now owns 4,220,104 shares of the company’s stock worth $135,550,000 after buying an additional 1,072,519 shares during the period. Balyasny Asset Management LLC acquired a new stake in shares of Liberty Global PLC during the second quarter worth $3,972,000. Route One Investment Company L.P. boosted its stake in shares of Liberty Global PLC by 9.0% in the second quarter. Route One Investment Company L.P. now owns 7,347,635 shares of the company’s stock worth $236,006,000 after buying an additional 605,500 shares during the period. Finally, Stifel Financial Corp boosted its stake in shares of Liberty Global PLC by 303.3% in the second quarter. Stifel Financial Corp now owns 60,708 shares of the company’s stock worth $1,968,000 after buying an additional 45,657 shares during the period. 22.53% of the stock is currently owned by institutional investors.

Liberty Global PLC Company Profile

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

Analyst Recommendations for Liberty Global PLC (NASDAQ:LBTYA)

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