BlackRock Inc. Purchases 653,030 Shares of Liberty Global PLC (LBTYK)

BlackRock Inc. grew its position in shares of Liberty Global PLC (NASDAQ:LBTYK) by 3.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,891,042 shares of the company’s stock after purchasing an additional 653,030 shares during the quarter. BlackRock Inc. owned approximately 2.32% of Liberty Global worth $503,813,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in LBTYK. First Hawaiian Bank bought a new position in Liberty Global during the 3rd quarter worth approximately $241,000. First Republic Investment Management Inc. grew its position in Liberty Global by 12.9% during the 2nd quarter. First Republic Investment Management Inc. now owns 32,855 shares of the company’s stock worth $874,000 after acquiring an additional 3,756 shares during the last quarter. Squar Milner Financial Services LLC grew its position in Liberty Global by 77.3% during the 3rd quarter. Squar Milner Financial Services LLC now owns 19,467 shares of the company’s stock worth $548,000 after acquiring an additional 8,487 shares during the last quarter. Standard Life Aberdeen plc grew its position in Liberty Global by 23.7% during the 2nd quarter. Standard Life Aberdeen plc now owns 135,314 shares of the company’s stock worth $3,602,000 after acquiring an additional 25,956 shares during the last quarter. Finally, St. James Investment Company LLC grew its position in Liberty Global by 112.8% during the 3rd quarter. St. James Investment Company LLC now owns 1,951,991 shares of the company’s stock worth $54,968,000 after acquiring an additional 1,034,553 shares during the last quarter. Hedge funds and other institutional investors own 59.18% of the company’s stock.

Several research firms recently issued reports on LBTYK. TheStreet lowered Liberty Global from a “c-” rating to a “d” rating in a research report on Thursday, November 8th. ValuEngine upgraded Liberty Global from a “sell” rating to a “hold” rating in a research report on Tuesday, October 2nd.

LBTYK opened at $23.20 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 5.45. Liberty Global PLC has a 52 week low of $21.83 and a 52 week high of $37.86.

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

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Liberty Global 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 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.

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Institutional Ownership by Quarter for Liberty Global (NASDAQ:LBTYK)

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