Dimensional Fund Advisors LP Has $85.44 Million Stock Holdings in Liberty Global PLC $LILAK

Dimensional Fund Advisors LP boosted its stake in Liberty Global PLC (NASDAQ:LILAK) by 1.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 9,687,133 shares of the company’s stock after acquiring an additional 129,952 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Liberty Global were worth $85,439,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in LILAK. AQR Capital Management LLC increased its holdings in shares of Liberty Global by 67.3% during the first quarter. AQR Capital Management LLC now owns 198,628 shares of the company’s stock worth $1,233,000 after buying an additional 79,917 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Liberty Global by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 77,003 shares of the company’s stock valued at $478,000 after acquiring an additional 3,234 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Liberty Global by 10.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 367,176 shares of the company’s stock valued at $2,280,000 after acquiring an additional 35,844 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Liberty Global by 316.4% during the 1st quarter. Jane Street Group LLC now owns 153,799 shares of the company’s stock valued at $955,000 after acquiring an additional 116,861 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of Liberty Global by 1.6% during the 2nd quarter. Legal & General Group Plc now owns 158,315 shares of the company’s stock valued at $985,000 after acquiring an additional 2,533 shares in the last quarter. Institutional investors and hedge funds own 52.98% of the company’s stock.

Insider Activity

In other Liberty Global news, Director John C. Malone acquired 17,693 shares of the stock in a transaction dated Friday, June 26th. The stock was purchased at an average cost of $7.00 per share, with a total value of $123,851.00. Following the transaction, the director owned 3,725,813 shares in the company, valued at approximately $26,080,691. The trade was a 0.48% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Charles H. R. Bracken acquired 4,900 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average cost of $20.50 per share, for a total transaction of $100,450.00. Following the completion of the purchase, the director directly owned 18,867 shares in the company, valued at $386,773.50. This trade represents a 35.08% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 14,820,228 shares of company stock worth $121,249,631. 9.66% of the stock is owned by insiders.

Liberty Global Stock Down 4.7%

LILAK opened at $7.99 on Friday. Liberty Global PLC has a twelve month low of $4.76 and a twelve month high of $9.13. The company has a fifty day moving average of $7.41 and a 200-day moving average of $7.82. The stock has a market cap of $1.61 billion, a PE ratio of -3.22 and a beta of 0.72.

Liberty Global (NASDAQ:LILAK) last released its earnings results on Thursday, May 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.15). The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.09 billion. Liberty Global had a negative net margin of 11.20% and a negative return on equity of 43.70%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LILAK. Wall Street Zen cut Liberty Global from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup reissued a “neutral” rating and set a $8.00 price target (up from $6.45) on shares of Liberty Global in a research note on Friday, July 10th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Liberty Global in a report on Friday, July 17th. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $8.10.

About Liberty Global

Liberty Global plc is a leading international telecommunications and television company, offering video, broadband Internet, fixed-line and mobile services to residential and business customers. Headquartered in London and operating as an ADR on the NASDAQ under the ticker LILAK, the company focuses on developing advanced broadband networks and delivering entertainment and connectivity solutions across Europe.

The company’s core products include high-speed cable broadband, digital and interactive television, fixed-line telephony, and mobile services.