State Street Corp cut its holdings in Liberty Global PLC (NASDAQ:LILAK) by 59.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 368,543 shares of the company’s stock after selling 530,069 shares during the quarter. State Street Corp owned about 0.31% of Liberty Global worth $7,892,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bronfman E.L. Rothschild L.P. lifted its stake in shares of Liberty Global by 63.7% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 7,301 shares of the company’s stock worth $156,000 after buying an additional 2,841 shares during the last quarter. Cibc World Markets Corp acquired a new stake in shares of Liberty Global in the second quarter worth $192,000. Quantbot Technologies LP acquired a new stake in shares of Liberty Global in the second quarter worth $202,000. Teacher Retirement System of Texas acquired a new stake in shares of Liberty Global in the second quarter worth $208,000. Finally, K2 Principal Fund L.P. acquired a new stake in shares of Liberty Global in the second quarter worth $214,000. Hedge funds and other institutional investors own 54.59% of the company’s stock.

A number of brokerages have recently weighed in on LILAK. BidaskClub cut shares of Liberty Global from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. ValuEngine upgraded shares of Liberty Global from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. HSBC upgraded shares of Liberty Global to a “hold” rating and set a $23.00 price objective for the company in a research note on Monday, November 13th. Macquarie cut shares of Liberty Global from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 27th. Finally, upgraded shares of Liberty Global from a “reduce” rating to a “hold” rating and set a $23.00 price objective for the company in a research note on Monday, November 13th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Liberty Global presently has a consensus rating of “Hold” and an average price target of $23.00.

Liberty Global PLC (NASDAQ LILAK) opened at $21.47 on Thursday. Liberty Global PLC has a 52-week low of $19.58 and a 52-week high of $27.82.

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Liberty Global Company Profile

LiLAC Group provides various broadband services over cable distribution systems, and mobile services in Chile and Puerto Rico. It offers triple-play services consisting of video, broadband Internet, and fixed-line telephony services in 34 communities within Santiago; and 42 communities outside Santiago, including Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, and Rancagua, as well as smaller cities across Chile.

Institutional Ownership by Quarter for Liberty Global (NASDAQ:LILAK)

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