Todays Report: Today, Markel Corp Holds Position in Liberty Global PLC (LBTYA)

Today, Markel Corp Holds Position in Liberty Global PLC (LBTYA)

Markel Corp maintained its stake in Liberty Global PLC (NASDAQ:LBTYA) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,000 shares of the company’s stock at the end of the third quarter. Markel Corp’s holdings in Liberty Global PLC were worth $4,033,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Intermede Investment Partners Ltd boosted its stake in Liberty Global PLC by 87.6% in the second quarter. Intermede Investment Partners Ltd now owns 1,094,173 shares of the company’s stock valued at $31,797,000 after buying an additional 510,859 shares during the period. Calamos Wealth Management LLC boosted its stake in Liberty Global PLC by 14.2% in the second quarter. Calamos Wealth Management LLC now owns 43,003 shares of the company’s stock valued at $1,250,000 after buying an additional 5,357 shares during the period. Strs Ohio boosted its stake in Liberty Global PLC by 19.0% in the second quarter. Strs Ohio now owns 36,453 shares of the company’s stock valued at $1,059,000 after buying an additional 5,826 shares during the period. Bank of Montreal Can acquired a new stake in Liberty Global PLC during the second quarter valued at about $1,223,000. Finally, Daiwa Securities Group Inc. boosted its stake in Liberty Global PLC by 15.2% in the second quarter. Daiwa Securities Group Inc. now owns 6,803 shares of the company’s stock valued at $198,000 after buying an additional 900 shares during the period. 21.36% of the stock is owned by hedge funds and other institutional investors.

Liberty Global PLC (NASDAQ:LBTYA) traded down 0.34% during mid-day trading on Friday, hitting $32.20. The stock had a trading volume of 141,536 shares. The company has a 50 day moving average price of $32.11 and a 200 day moving average price of $32.89. Liberty Global PLC has a one year low of $26.16 and a one year high of $37.88. The stock’s market cap is $29.18 billion.

Several research firms have recently commented on LBTYA. Zacks Investment Research upgraded Liberty Global PLC from a “hold” rating to a “buy” rating and set a $35.00 price target for the company in a research report on Monday, October 17th. BNP Paribas began coverage on Liberty Global PLC in a research report on Friday, September 2nd. They set an “outperform” rating and a $41.00 price target for the company. TheStreet lowered Liberty Global PLC from a “hold” rating to a “sell” rating in a research report on Monday, November 7th. Jefferies Group raised their price target on Liberty Global PLC from $42.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, September 9th. Finally, Goldman Sachs Group Inc. restated a “buy” rating and set a $41.00 price target on shares of Liberty Global PLC in a research report on Friday, September 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have issued a buy rating to the company. Liberty Global PLC currently has an average rating of “Buy” and a consensus price target of $43.50.

In related news, Director Paul A. Gould purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, November 9th. The stock was purchased at an average cost of $20.21 per share, for a total transaction of $202,100.00. Following the acquisition, the director now owns 77,021 shares in the company, valued at $1,556,594.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Bryan H. Hall purchased 5,900 shares of the stock in a transaction that occurred on Tuesday, November 8th. The stock was bought at an average price of $20.03 per share, with a total value of $118,177.00. Following the completion of the acquisition, the executive vice president now owns 23,429 shares in the company, valued at approximately $469,282.87. The disclosure for this purchase can be found here. Insiders own 3.93% of the company’s stock.

About Liberty Global PLC

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.

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