Liberty Global plc – Class C (LBTYK) Holdings Trimmed by Bronfman E.L. Rothschild L.P.

Bronfman E.L. Rothschild L.P. cut its holdings in shares of Liberty Global plc – Class C (NASDAQ:LBTYK) by 22.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,278 shares of the company’s stock after selling 2,615 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Liberty Global plc – Class C were worth $314,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AustralianSuper Pty Ltd bought a new stake in Liberty Global plc – Class C during the third quarter worth $15,483,000. Allen Investment Management LLC lifted its stake in Liberty Global plc – Class C by 182.2% during the third quarter. Allen Investment Management LLC now owns 86,021 shares of the company’s stock worth $2,813,000 after purchasing an additional 55,535 shares during the last quarter. California Public Employees Retirement System lifted its stake in Liberty Global plc – Class C by 5.5% during the third quarter. California Public Employees Retirement System now owns 1,528,688 shares of the company’s stock worth $49,988,000 after purchasing an additional 79,205 shares during the last quarter. St. James Investment Company LLC bought a new stake in Liberty Global plc – Class C during the third quarter worth $1,293,000. Finally, BNP Paribas Arbitrage SA lifted its stake in Liberty Global plc – Class C by 748.7% during the third quarter. BNP Paribas Arbitrage SA now owns 173,738 shares of the company’s stock worth $5,681,000 after purchasing an additional 153,266 shares during the last quarter. Hedge funds and other institutional investors own 59.45% of the company’s stock.

Liberty Global plc – Class C (NASDAQ LBTYK) opened at $34.92 on Thursday. The stock has a market cap of $27,888.97, a price-to-earnings ratio of 42.59 and a beta of 1.51. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.47 and a current ratio of 0.47. Liberty Global plc – Class C has a 1-year low of $27.36 and a 1-year high of $37.86.

Liberty Global plc – Class C declared that its Board of Directors has initiated a stock repurchase program on Monday, December 18th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

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Liberty Global plc – Class C Company 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 internationally. 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, set-top boxes, and pay-per-view programming.

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

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