United Services Automobile Association Sells 1,848 Shares of Liberty Global PLC (LBTYA)

United Services Automobile Association reduced its stake in shares of Liberty Global PLC (NASDAQ:LBTYA) by 3.6% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 49,275 shares of the company’s stock after selling 1,848 shares during the period. United Services Automobile Association’s holdings in Liberty Global PLC were worth $1,767,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. K2 Principal Fund L.P. acquired a new position in shares of Liberty Global PLC during the first quarter valued at about $1,108,000. MAI Capital Management raised its position in shares of Liberty Global PLC by 0.7% in the first quarter. MAI Capital Management now owns 9,255 shares of the company’s stock valued at $332,000 after buying an additional 60 shares during the period. Artisan Partners Limited Partnership raised its position in shares of Liberty Global PLC by 0.7% in the first quarter. Artisan Partners Limited Partnership now owns 10,900,902 shares of the company’s stock valued at $391,015,000 after buying an additional 76,709 shares during the period. Neuberger Berman Group LLC acquired a new position in shares of Liberty Global PLC during the first quarter valued at about $2,862,000. Finally, Atlantic Trust Group LLC raised its position in shares of Liberty Global PLC by 16.3% in the first quarter. Atlantic Trust Group LLC now owns 35,280 shares of the company’s stock valued at $1,265,000 after buying an additional 4,947 shares during the period. Hedge funds and other institutional investors own 23.57% of the company’s stock.

Liberty Global PLC (NASDAQ LBTYA) traded down 0.33% during mid-day trading on Friday, hitting $32.92. 1,571,082 shares of the stock were exchanged. The company has a market capitalization of $33.89 billion, a PE ratio of 19.80 and a beta of 1.66. The stock has a 50 day moving average price of $30.86 and a 200 day moving average price of $33.57. Liberty Global PLC has a 1-year low of $28.17 and a 1-year high of $37.69.

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Several research analysts recently weighed in on the stock. Macquarie reissued a “buy” rating and set a $42.00 price objective on shares of Liberty Global PLC in a research note on Tuesday, April 4th. Jefferies Group LLC lifted their price objective on shares of Liberty Global PLC from $42.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday, May 4th. Royal Bank Of Canada reissued a “buy” rating and set a $42.00 price objective on shares of Liberty Global PLC in a research note on Friday, May 5th. Zacks Investment Research lowered shares of Liberty Global PLC from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, Pivotal Research reduced their price objective on shares of Liberty Global PLC from $42.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $39.92.

In related news, Director John C. Malone acquired 139,052 shares of the company’s stock in a transaction on Wednesday, July 5th. The shares were acquired at an average cost of $21.74 per share, for a total transaction of $3,022,990.48. Following the purchase, the director now owns 761,816 shares in the company, valued at $16,561,879.84. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John C. Malone acquired 384,673 shares of the company’s stock in a transaction on Friday, July 7th. The shares were bought at an average price of $21.80 per share, for a total transaction of $8,385,871.40. Following the completion of the purchase, the director now owns 761,816 shares in the company, valued at approximately $16,607,588.80. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 1,610,000 shares of company stock worth $37,412,081. 3.93% of the stock is owned by company insiders.

Liberty Global PLC Company Profile

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.

Institutional Ownership by Quarter for Liberty Global PLC (NASDAQ:LBTYA)

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