David E. Rapley Sells 13,952 Shares of Liberty Global PLC (LBTYA) Stock

Liberty Global PLC (NASDAQ:LBTYA) Director David E. Rapley sold 13,952 shares of the business’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $27.10, for a total transaction of $378,099.20. Following the completion of the sale, the director now directly owns 6,864 shares in the company, valued at approximately $186,014.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

NASDAQ:LBTYA opened at $25.96 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 6.31. Liberty Global PLC has a 52 week low of $19.88 and a 52 week high of $33.22. The stock has a market capitalization of $19.45 billion, a price-to-earnings ratio of -13.18 and a beta of 1.54.

Liberty Global (NASDAQ:LBTYA) last issued its quarterly earnings results on Wednesday, February 27th. The company reported $0.03 earnings per share (EPS) for the quarter. Liberty Global had a net margin of 5.53% and a negative return on equity of 20.19%. The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.97 billion. Equities analysts forecast that Liberty Global PLC will post 0.02 earnings per share for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. increased its stake in Liberty Global by 13.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 39,519 shares of the company’s stock valued at $1,144,000 after buying an additional 4,794 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Liberty Global by 75.2% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,763 shares of the company’s stock worth $225,000 after purchasing an additional 3,331 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Liberty Global in the 3rd quarter worth about $11,172,000. Verition Fund Management LLC increased its position in Liberty Global by 54.1% in the 3rd quarter. Verition Fund Management LLC now owns 51,632 shares of the company’s stock worth $1,494,000 after purchasing an additional 18,132 shares during the last quarter. Finally, Putnam Investments LLC acquired a new position in Liberty Global in the 3rd quarter worth about $7,894,000. 23.41% of the stock is owned by institutional investors.

A number of equities analysts have recently issued reports on LBTYA shares. BidaskClub raised shares of Liberty Global from a “hold” rating to a “buy” rating in a research report on Wednesday, April 10th. Bank of America cut shares of Liberty Global from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $38.60 to $23.50 in a research report on Wednesday, April 10th. Zacks Investment Research raised shares of Liberty Global from a “strong sell” rating to a “hold” rating in a research report on Monday, April 29th. Pivotal Research reissued a “buy” rating and set a $32.00 price objective on shares of Liberty Global in a research report on Wednesday, February 27th. Finally, ValuEngine upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Three research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $32.75.

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About Liberty Global

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential customers and businesses in Europe. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, and set-top boxes.

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