Beddow Capital Management Inc. raised its stake in Liberty Global PLC (NASDAQ:LBTYA) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,489 shares of the company’s stock after buying an additional 13,447 shares during the period. Liberty Global accounts for 2.9% of Beddow Capital Management Inc.’s holdings, making the stock its 19th largest holding. Beddow Capital Management Inc.’s holdings in Liberty Global were worth $5,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently modified their holdings of LBTYA. Tower Research Capital LLC TRC lifted its holdings in shares of Liberty Global by 75.2% during the third quarter. Tower Research Capital LLC TRC now owns 7,763 shares of the company’s stock worth $225,000 after purchasing an additional 3,331 shares during the period. Wetherby Asset Management Inc. acquired a new position in shares of Liberty Global during the third quarter worth $234,000. Nordea Investment Management AB acquired a new position in shares of Liberty Global during the third quarter worth $270,000. Teachers Advisors LLC lifted its holdings in shares of Liberty Global by 15.7% during the third quarter. Teachers Advisors LLC now owns 9,946 shares of the company’s stock worth $288,000 after purchasing an additional 1,350 shares during the period. Finally, R.H. Dinel Investment Counsel Inc. acquired a new position in shares of Liberty Global during the fourth quarter worth $324,000. Hedge funds and other institutional investors own 22.36% of the company’s stock.
LBTYA opened at $24.72 on Thursday. Liberty Global PLC has a 1-year low of $19.88 and a 1-year high of $36.76. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 5.45. The firm has a market capitalization of $18.36 billion, a price-to-earnings ratio of -10.79 and a beta of 1.54.
LBTYA has been the topic of several recent analyst reports. BidaskClub upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a report on Tuesday, January 29th. Bank of America set a $37.00 target price on shares of Liberty Global and gave the company a “hold” rating in a report on Friday, November 9th. HSBC set a $32.00 target price on shares of Liberty Global and gave the company a “buy” rating in a report on Tuesday, January 29th. ValuEngine lowered shares of Liberty Global from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Finally, Zacks Investment Research lowered shares of Liberty Global from a “hold” rating to a “sell” rating in a report on Tuesday, November 27th. Three analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. Liberty Global has an average rating of “Hold” and an average price target of $35.72.
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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.
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