UBS Group AG raised its stake in Liberty Global PLC (NASDAQ:LILA) by 144.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,832 shares of the company’s stock after buying an additional 17,620 shares during the period. UBS Group AG’s holdings in Liberty Global PLC were worth $664,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC increased its stake in Liberty Global PLC by 4.0% in the first quarter. Geode Capital Management LLC now owns 339,818 shares of the company’s stock valued at $7,557,000 after buying an additional 12,924 shares in the last quarter. Vanguard Group Inc. increased its stake in Liberty Global PLC by 18.5% in the first quarter. Vanguard Group Inc. now owns 918,968 shares of the company’s stock valued at $20,437,000 after buying an additional 143,182 shares in the last quarter. Yakira Capital Management Inc. bought a new position in Liberty Global PLC during the first quarter valued at approximately $1,715,000. Gruss Capital Management LP bought a new position in Liberty Global PLC during the first quarter valued at approximately $12,159,000. Finally, PNC Financial Services Group Inc. boosted its position in Liberty Global PLC by 10.9% in the first quarter. PNC Financial Services Group Inc. now owns 137,737 shares of the company’s stock valued at $3,063,000 after buying an additional 13,536 shares during the last quarter. 21.59% of the stock is owned by institutional investors.
Shares of Liberty Global PLC (LILA) traded up 0.88% on Friday, hitting $26.25. 108,064 shares of the stock traded hands. The stock’s market cap is $4.50 billion. Liberty Global PLC has a 1-year low of $19.10 and a 1-year high of $29.47. The stock has a 50 day moving average of $25.29 and a 200-day moving average of $22.94.
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Several equities analysts recently commented on the stock. Royal Bank Of Canada set a $29.00 target price on shares of Liberty Global PLC and gave the company a “buy” rating in a research note on Saturday, May 6th. Morgan Stanley cut shares of Liberty Global PLC from an “equal weight” rating to an “underweight” rating and increased their price objective for the company from $22.00 to $26.00 in a research note on Thursday, August 10th. ValuEngine upgraded shares of Liberty Global PLC from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Macquarie reiterated a “buy” rating and set a $29.00 target price on shares of Liberty Global PLC in a research report on Monday, May 8th. Finally, Zacks Investment Research upgraded shares of Liberty Global PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Three analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $30.50.
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