Liberty Global PLC (NASDAQ:LBTYK) Position Decreased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC decreased its holdings in shares of Liberty Global PLC (NASDAQ:LBTYK) by 36.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 125,669 shares of the company’s stock after selling 71,332 shares during the period. Gateway Investment Advisers LLC’s holdings in Liberty Global were worth $2,739,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. First Trust Advisors LP lifted its stake in Liberty Global by 23.9% during the first quarter. First Trust Advisors LP now owns 170,885 shares of the company’s stock valued at $4,137,000 after buying an additional 32,952 shares in the last quarter. Amundi Pioneer Asset Management Inc. lifted its stake in Liberty Global by 2.9% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 182,142 shares of the company’s stock valued at $4,409,000 after buying an additional 5,141 shares in the last quarter. Natixis Advisors L.P. lifted its stake in Liberty Global by 3.9% during the second quarter. Natixis Advisors L.P. now owns 19,387 shares of the company’s stock valued at $514,000 after buying an additional 728 shares in the last quarter. Commonwealth Bank of Australia lifted its stake in Liberty Global by 9.0% during the second quarter. Commonwealth Bank of Australia now owns 7,186 shares of the company’s stock valued at $188,000 after buying an additional 594 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in Liberty Global by 199.0% during the second quarter. Captrust Financial Advisors now owns 2,081 shares of the company’s stock valued at $55,000 after buying an additional 1,385 shares in the last quarter. Institutional investors own 57.38% of the company’s stock.

NASDAQ LBTYK opened at $19.86 on Monday. The company has a 50 day simple moving average of $21.24 and a 200-day simple moving average of $24.19. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.26 and a quick ratio of 1.26. Liberty Global PLC has a 52-week low of $19.51 and a 52-week high of $27.84.

Liberty Global (NASDAQ:LBTYK) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.77 earnings per share (EPS) for the quarter. The business had revenue of $2.84 billion during the quarter. Liberty Global had a net margin of 112.38% and a negative return on equity of 1.75%.

A number of analysts have commented on LBTYK shares. TheStreet raised shares of Liberty Global from a “d” rating to a “c-” rating in a research note on Thursday, November 7th. Pivotal Research reduced their price objective on shares of Liberty Global from $30.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday, December 17th. Finally, BidaskClub raised shares of Liberty Global from a “hold” rating to a “buy” rating in a research report on Tuesday, September 17th.

Liberty Global Profile

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.

Further Reading: Growth Stocks

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

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