Fort L.P. Invests $422,000 in Liberty Global plc (NASDAQ:LBTYK)

Fort L.P. purchased a new position in Liberty Global plc (NASDAQ:LBTYK – Get Rating) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 15,033 shares of the company’s stock, valued at approximately $422,000.

Other large investors have also modified their holdings of the company. Sargent Bickham Lagudis LLC bought a new stake in Liberty Global in the fourth quarter worth $90,000. Voloridge Investment Management LLC bought a new stake in Liberty Global during the third quarter valued at about $2,245,000. Northern Trust Corp boosted its holdings in Liberty Global by 0.4% during the fourth quarter. Northern Trust Corp now owns 1,876,921 shares of the company’s stock valued at $52,723,000 after acquiring an additional 8,121 shares during the period. Oregon Public Employees Retirement Fund boosted its holdings in Liberty Global by 58.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 239,111 shares of the company’s stock valued at $6,717,000 after acquiring an additional 88,607 shares during the period. Finally, UMB Bank N A MO bought a new stake in Liberty Global during the fourth quarter valued at about $11,879,000. Hedge funds and other institutional investors own 54.11% of the company’s stock.

In related news, EVP Bryan H. Hall sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $24.22, for a total value of $726,600.00. Following the completion of the sale, the executive vice president now owns 175,984 shares of the company’s stock, valued at $4,262,332.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Several equities research analysts recently weighed in on the stock. StockNews.com cut shares of Liberty Global from a “hold” rating to a “sell” rating in a research note on Thursday, May 12th. TheStreet cut shares of Liberty Global from a “b-” rating to a “c” rating in a research note on Friday, May 6th.

NASDAQ LBTYK opened at $23.75 on Thursday. The firm has a market cap of $12.42 billion, a price-to-earnings ratio of 1.03 and a beta of 1.16. The company has a 50 day moving average of $25.17 and a 200-day moving average of $26.73. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 0.55. Liberty Global plc has a 1-year low of $21.83 and a 1-year high of $30.49.

Liberty Global (NASDAQ:LBTYK – Get Rating) last posted its quarterly earnings data on Thursday, February 17th. The company reported $1.08 earnings per share for the quarter. The company had revenue of $1.92 billion during the quarter. Liberty Global had a net margin of 148.96% and a return on equity of 16.37%.

Liberty Global Company Profile (Get Rating)

Liberty Global plc, together with its subsidiaries, provides broadband internet, video, fixed-line telephony, and mobile communications services to residential and business customers. It offers value-added broadband services, such as intelligent WiFi features; security; smart home, online storage solutions, and Web spaces; Connect Box, a set-top or Horizon box that delivers in-home Wi-Fi service; community Wi-Fi via routers in home, which provides access to the internet; and public Wi-Fi access points in train stations, hotels, bars, restaurants, and other public places.

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