Citigroup Inc. Grows Stake in Liberty Global PLC Class C (LBTYK)

Citigroup Inc. raised its position in Liberty Global PLC Class C (NASDAQ:LBTYK) by 150.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,259 shares of the company’s stock after purchasing an additional 8,572 shares during the quarter. Citigroup Inc.’s holdings in Liberty Global PLC Class C were worth $435,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. BlackRock Inc. raised its holdings 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 buying an additional 48,916 shares during the period. Jackson Square Partners LLC raised its holdings in shares of Liberty Global PLC Class C by 8.4% during the 4th quarter. Jackson Square Partners LLC now owns 16,106,556 shares of the company’s stock valued at $545,045,000 after buying an additional 1,246,918 shares during the period. Macquarie Group Ltd. raised its holdings in shares of Liberty Global PLC Class C by 11.9% during the 4th quarter. Macquarie Group Ltd. now owns 4,412,100 shares of the company’s stock valued at $149,162,000 after buying an additional 470,942 shares during the period. Farallon Capital Management LLC raised its holdings in shares of Liberty Global PLC Class C by 32.8% during the 4th quarter. Farallon Capital Management LLC now owns 4,102,123 shares of the company’s stock valued at $138,816,000 after buying an additional 1,012,350 shares during the period. Finally, ACR Alpine Capital Research LLC raised its holdings in shares of Liberty Global PLC Class C by 4.4% during the 1st quarter. ACR Alpine Capital Research LLC now owns 3,787,741 shares of the company’s stock valued at $115,261,000 after buying an additional 160,709 shares during the period. Institutional investors and hedge funds own 58.35% of the company’s stock.

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

Shares of Liberty Global PLC Class C opened at $27.91 on Wednesday, according to Marketbeat.com. The company has a debt-to-equity ratio of 6.79, a quick ratio of 0.33 and a current ratio of 0.33. Liberty Global PLC Class C has a 52 week low of $27.04 and a 52 week high of $37.86.

Liberty Global PLC Class C (NASDAQ:LBTYK) last issued its earnings results on Tuesday, May 8th. The company reported ($1.47) EPS for the quarter. The firm had revenue of $4.16 billion during the quarter. Liberty Global PLC Class C had a negative return on equity of 35.66% and a negative net margin of 20.88%.

Liberty Global PLC Class C 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.

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

Receive News & Ratings for Liberty Global PLC Class C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global PLC Class C and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply