Raymond James & Associates Has $2.64 Million Stake in Liberty Global PLC Class C (LBTYK)

Raymond James & Associates grew its stake in Liberty Global PLC Class C (NASDAQ:LBTYK) by 28.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,355 shares of the company’s stock after acquiring an additional 21,989 shares during the period. Raymond James & Associates’ holdings in Liberty Global PLC Class C were worth $2,644,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Usca Ria LLC grew its holdings in Liberty Global PLC Class C by 14.3% during the second quarter. Usca Ria LLC now owns 15,750 shares of the company’s stock worth $419,000 after purchasing an additional 1,972 shares during the period. Nissay Asset Management Corp Japan ADV grew its holdings in Liberty Global PLC Class C by 2.3% during the second quarter. Nissay Asset Management Corp Japan ADV now owns 86,536 shares of the company’s stock worth $2,303,000 after purchasing an additional 1,973 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in Liberty Global PLC Class C by 4.3% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 49,599 shares of the company’s stock worth $1,320,000 after purchasing an additional 2,032 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its holdings in Liberty Global PLC Class C by 16.5% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 14,637 shares of the company’s stock worth $445,000 after purchasing an additional 2,072 shares during the period. Finally, Xact Kapitalforvaltning AB grew its holdings in Liberty Global PLC Class C by 2.0% during the second quarter. Xact Kapitalforvaltning AB now owns 103,917 shares of the company’s stock worth $2,765,000 after purchasing an additional 2,086 shares during the period. Institutional investors own 58.36% of the company’s stock.

Liberty Global PLC Class C stock opened at $26.04 on Monday. Liberty Global PLC Class C has a 52 week low of $25.05 and a 52 week high of $37.86. The company has a debt-to-equity ratio of 5.98, a current ratio of 0.36 and a quick ratio of 0.36.

Liberty Global PLC Class C (NASDAQ:LBTYK) last posted its quarterly earnings results on Wednesday, August 8th. The company reported $0.80 EPS for the quarter. Liberty Global PLC Class C had a negative return on equity of 27.88% and a negative net margin of 11.46%. The business had revenue of $3.05 billion during the quarter.

Separately, ValuEngine upgraded Liberty Global PLC Class C from a “sell” rating to a “hold” rating in a report on Monday, June 11th.

Liberty Global PLC Class C 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.

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

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