Bedrijfstakpensioenfonds Voor DE Media PNO Acquires Shares of 54,594 Liberty Global PLC (LBTYA)

Bedrijfstakpensioenfonds Voor DE Media PNO purchased a new position in shares of Liberty Global PLC (NASDAQ:LBTYA) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 54,594 shares of the company’s stock, valued at approximately $1,754,000.

Other hedge funds also recently modified their holdings of the company. Ameritas Investment Partners Inc. bought a new stake in shares of Liberty Global PLC during the first quarter worth $163,000. Simplex Trading LLC bought a new stake in shares of Liberty Global PLC during the second quarter worth $164,000. Everett Harris & Co. CA acquired a new position in shares of Liberty Global PLC during the first quarter worth about $201,000. Waldron LP acquired a new position in shares of Liberty Global PLC during the first quarter worth about $209,000. Finally, World Asset Management Inc acquired a new position in shares of Liberty Global PLC during the first quarter worth about $218,000. 22.80% of the stock is owned by institutional investors and hedge funds.

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A number of equities analysts have issued reports on LBTYA shares. Zacks Investment Research raised shares of Liberty Global PLC from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Tuesday, June 20th. BidaskClub raised shares of Liberty Global PLC from a “sell” rating to a “hold” rating in a research note on Monday, July 3rd. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Liberty Global PLC in a research note on Friday, May 5th. TheStreet cut shares of Liberty Global PLC from a “b-” rating to a “c+” rating in a research note on Tuesday, May 9th. Finally, Macquarie reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Liberty Global PLC in a research note on Monday, May 8th. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $39.92.

In related news, Director John C. Malone bought 242,778 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were acquired at an average cost of $24.83 per share, with a total value of $6,028,177.74. Following the completion of the purchase, the director now directly owns 927,830 shares in the company, valued at $23,038,018.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John C. Malone bought 519,592 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were bought at an average cost of $24.34 per share, for a total transaction of $12,646,869.28. Following the completion of the purchase, the director now owns 927,830 shares of the company’s stock, valued at $22,583,382.20. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 1,610,000 shares of company stock worth $37,412,081. Insiders own 5.81% of the company’s stock.

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.