Shares of Liberty Global PLC (NASDAQ:LBTYA) were down 1.6% on Wednesday . The stock traded as low as $31.00 and last traded at $31.12, with a volume of 1,748,010 shares changing hands. The stock had previously closed at $31.62.

A number of analysts have recently commented on the company. Evercore ISI assumed coverage on Liberty Global PLC in a research report on Thursday, June 30th. They issued a “buy” rating and a $40.00 price target on the stock. Pivotal Research dropped their price target on Liberty Global PLC from $50.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, June 24th. Wunderlich dropped their price target on Liberty Global PLC from $53.00 to $49.00 and set a “hold” rating on the stock in a research report on Wednesday, July 6th. Jefferies Group reissued a “buy” rating and issued a $46.00 price target (down from $53.00) on shares of Liberty Global PLC in a research report on Thursday, June 23rd. Finally, Zacks Investment Research raised Liberty Global PLC from a “hold” rating to a “buy” rating and set a $42.00 price target on the stock in a research report on Wednesday, May 11th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $48.92.

The firm has a 50-day moving average price of $32.64 and a 200 day moving average price of $35.75. The stock’s market capitalization is $26.75 billion.

In other Liberty Global PLC news, Director John P. Cole, Jr. sold 21,976 shares of the firm’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $38.23, for a total transaction of $840,142.48. Following the sale, the director now directly owns 16,154 shares of the company’s stock, valued at approximately $617,567.42. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrew Cole purchased 1,000 shares of the firm’s stock in a transaction on Wednesday, June 29th. The shares were purchased at an average cost of $29.24 per share, for a total transaction of $29,240.00. Following the completion of the purchase, the director now directly owns 48,549 shares in the company, valued at $1,419,572.76. The disclosure for this purchase can be found here.

Several large investors have recently added to or reduced their stakes in LBTYA. Thornburg Investment Management Inc. boosted its stake in Liberty Global PLC by 6.6% in the fourth quarter. Thornburg Investment Management Inc. now owns 906,835 shares of the company’s stock valued at $38,414,000 after buying an additional 56,424 shares in the last quarter. Morgan Stanley boosted its stake in Liberty Global PLC by 38.6% in the fourth quarter. Morgan Stanley now owns 895,940 shares of the company’s stock valued at $37,952,000 after buying an additional 249,612 shares in the last quarter. Zweig DiMenna Associates LLC boosted its stake in Liberty Global PLC by 12.7% in the fourth quarter. Zweig DiMenna Associates LLC now owns 341,081 shares of the company’s stock valued at $14,448,000 after buying an additional 38,334 shares in the last quarter. American Capital Management Inc. bought a new stake in Liberty Global PLC during the fourth quarter valued at about $2,405,000. Finally, First Trust Advisors LP boosted its stake in Liberty Global PLC by 153.5% in the fourth quarter. First Trust Advisors LP now owns 103,067 shares of the company’s stock valued at $4,366,000 after buying an additional 62,415 shares in the last quarter.

Liberty Global PLC, formerly Liberty Global, Inc, is an international cable company with operations in 14 countries. The Company’s tripleplay services are provided through networks and technology platforms that connect approximately 25 million customers subscribing to over 47 million television, broadband Internet and telephony services.

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