Prudential Financial Inc. Decreases Position in Liberty Global PLC (LBTYK)
Prudential Financial Inc. lowered its position in shares of Liberty Global PLC (NASDAQ:LBTYK) by 47.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,406 shares of the company’s stock after selling 9,543 shares during the quarter. Prudential Financial Inc.’s holdings in Liberty Global were worth $340,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in LBTYK. Pinnacle Financial Partners Inc. acquired a new position in shares of Liberty Global in the 2nd quarter valued at $100,000. Huntington National Bank boosted its position in shares of Liberty Global by 1,198.8% in the 3rd quarter. Huntington National Bank now owns 3,117 shares of the company’s stock valued at $102,000 after purchasing an additional 2,877 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Liberty Global by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,852 shares of the company’s stock valued at $121,000 after purchasing an additional 19 shares during the period. Heritage Investors Management Corp acquired a new position in shares of Liberty Global in the 3rd quarter valued at $133,000. Finally, QS Investors LLC boosted its position in shares of Liberty Global by 14.5% in the 2nd quarter. QS Investors LLC now owns 4,725 shares of the company’s stock valued at $147,000 after purchasing an additional 600 shares during the period. 60.06% of the stock is owned by institutional investors and hedge funds.
Liberty Global PLC (NASDAQ:LBTYK) opened at $30.71 on Tuesday. The company has a debt-to-equity ratio of 3.64, a current ratio of 0.47 and a quick ratio of 0.47. Liberty Global PLC has a 1 year low of $27.36 and a 1 year high of $37.00. The firm has a market capitalization of $17,570.00, a price-to-earnings ratio of 36.43 and a beta of 1.54.
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About Liberty Global
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.
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