Liberty Global PLC (NASDAQ:LBTYK) Stake Lowered by First Mercantile Trust Co.

First Mercantile Trust Co. lowered its position in Liberty Global PLC (NASDAQ:LBTYK) by 10.1% during the second quarter, Holdings Channel reports. The firm owned 42,111 shares of the company’s stock after selling 4,729 shares during the period. First Mercantile Trust Co.’s holdings in Liberty Global PLC were worth $1,313,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Teacher Retirement System of Texas raised its position in shares of Liberty Global PLC by 52.4% in the second quarter. Teacher Retirement System of Texas now owns 227,836 shares of the company’s stock valued at $7,104,000 after buying an additional 78,306 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Liberty Global PLC by 78.1% in the second quarter. DekaBank Deutsche Girozentrale now owns 151,726 shares of the company’s stock valued at $4,755,000 after buying an additional 66,537 shares during the last quarter. First Trust Advisors LP raised its position in shares of Liberty Global PLC by 37.3% in the second quarter. First Trust Advisors LP now owns 88,093 shares of the company’s stock valued at $2,747,000 after buying an additional 23,925 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Liberty Global PLC by 7.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,237,440 shares of the company’s stock valued at $38,584,000 after buying an additional 82,525 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its position in shares of Liberty Global PLC by 2.1% in the second quarter. Canada Pension Plan Investment Board now owns 514,401 shares of the company’s stock valued at $16,039,000 after buying an additional 10,400 shares during the last quarter. Institutional investors and hedge funds own 59.95% of the company’s stock.

Liberty Global PLC (LBTYK) opened at 32.90 on Friday. The firm has a market capitalization of $33.02 billion, a price-to-earnings ratio of 36.15 and a beta of 1.59. The firm’s 50-day moving average is $31.66 and its 200 day moving average is $32.67. Liberty Global PLC has a 12 month low of $27.36 and a 12 month high of $37.00.

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

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