Liberty Global plc (NASDAQ:LBTYK) Shares Bought by abrdn plc

abrdn plc boosted its holdings in shares of Liberty Global plc (NASDAQ:LBTYK) by 3.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 172,905 shares of the company’s stock after purchasing an additional 5,596 shares during the period. abrdn plc’s holdings in Liberty Global were worth $4,676,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. acquired a new position in Liberty Global during the second quarter valued at $277,000. BNP Paribas Arbitrage SA raised its position in shares of Liberty Global by 96.7% in the second quarter. BNP Paribas Arbitrage SA now owns 162,794 shares of the company’s stock worth $4,402,000 after acquiring an additional 80,044 shares during the period. Van ECK Associates Corp raised its position in shares of Liberty Global by 37.9% in the second quarter. Van ECK Associates Corp now owns 6,956 shares of the company’s stock worth $188,000 after acquiring an additional 1,910 shares during the period. Atria Investments LLC raised its position in shares of Liberty Global by 16.8% in the second quarter. Atria Investments LLC now owns 95,942 shares of the company’s stock worth $2,594,000 after acquiring an additional 13,823 shares during the period. Finally, JTC Employer Solutions Trusteee Ltd acquired a new position in shares of Liberty Global in the second quarter worth about $72,000. Institutional investors own 55.30% of the company’s stock.

A number of research analysts have weighed in on LBTYK shares. Evercore ISI reiterated a “buy” rating and issued a $32.00 price objective on shares of Liberty Global in a research report on Friday, July 30th. TheStreet upgraded shares of Liberty Global from a “c+” rating to a “b+” rating in a research report on Thursday, August 19th.

LBTYK stock opened at $28.50 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.31 and a current ratio of 1.31. Liberty Global plc has a one year low of $18.36 and a one year high of $29.61. The company has a fifty day moving average of $27.82 and a 200-day moving average of $27.05. The stock has a market capitalization of $15.83 billion, a PE ratio of 1.54 and a beta of 1.27.

Liberty Global Company Profile

Liberty Global Plc is an international television and broadband company, which engages in the provision of broadband communications services. It operates through the following geographical segments: U.K. and Ireland, Belgium, Switzerland, Central and Eastern Europe, and Central and Corporate. Its products include broadband, WiFi, connectivity products, TV platforms, and TV content.

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

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