Todays Report: Today, BNP Paribas Arbitrage SA Increases Stake in Liberty Global PLC (LBTYA)

Today, BNP Paribas Arbitrage SA Increases Stake in Liberty Global PLC (LBTYA)

BNP Paribas Arbitrage SA boosted its stake in Liberty Global PLC (NASDAQ:LBTYA) by 215.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 145,158 shares of the company’s stock after buying an additional 99,071 shares during the period. BNP Paribas Arbitrage SA’s holdings in Liberty Global PLC were worth $4,962,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its position in shares of Liberty Global PLC by 6.1% in the second quarter. Oregon Public Employees Retirement Fund now owns 3,500 shares of the company’s stock valued at $102,000 after buying an additional 200 shares in the last quarter. Mizuho Asset Management Co. Ltd. increased its position in shares of Liberty Global PLC by 124.5% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 3,760 shares of the company’s stock valued at $109,000 after buying an additional 2,085 shares in the last quarter. Assetmark Inc. increased its position in shares of Liberty Global PLC by 10.8% in the second quarter. Assetmark Inc. now owns 4,453 shares of the company’s stock valued at $129,000 after buying an additional 433 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its position in shares of Liberty Global PLC by 15.1% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 7,199 shares of the company’s stock valued at $188,000 after buying an additional 942 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its position in shares of 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 in the last quarter. Institutional investors own 21.36% of the company’s stock.

Shares of Liberty Global PLC (NASDAQ:LBTYA) traded up 1.11% during midday trading on Friday, hitting $32.67. The stock had a trading volume of 1,041,146 shares. The company’s 50 day moving average is $32.03 and its 200 day moving average is $32.85. The company’s market cap is $29.61 billion. Liberty Global PLC has a 52-week low of $26.16 and a 52-week high of $43.38.

LBTYA has been the topic of several recent analyst reports. Citigroup Inc. lowered their price target on Liberty Global PLC from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, August 18th. Wunderlich decreased their price objective on Liberty Global PLC from $49.00 to $45.00 and set a “buy” rating on the stock in a report on Monday, November 7th. Goldman Sachs Group Inc. reissued a “buy” rating and set a $41.00 price objective on shares of Liberty Global PLC in a report on Friday, September 16th. Zacks Investment Research raised Liberty Global PLC from a “sell” rating to a “hold” rating in a report on Thursday, November 10th. Finally, Jefferies Group raised their price objective on Liberty Global PLC from $42.00 to $43.00 and gave the company a “buy” rating in a report on Friday, September 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $43.50.

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

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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