Zurcher Kantonalbank Zurich Cantonalbank cut its stake in Liberty Global plc – Class C (NASDAQ:LBTYK) by 5.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,094 shares of the company’s stock after selling 6,478 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Liberty Global plc – Class C were worth $3,962,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Archford Capital Strategies LLC raised its stake in shares of Liberty Global plc – Class C by 18,433.3% during the 2nd quarter. Archford Capital Strategies LLC now owns 2,224 shares of the company’s stock worth $200,000 after buying an additional 2,212 shares during the period. Huntington National Bank raised its stake in shares of Liberty Global plc – Class C by 1,198.8% during the 3rd quarter. Huntington National Bank now owns 3,117 shares of the company’s stock worth $102,000 after buying an additional 2,877 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Liberty Global plc – Class C by 0.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,852 shares of the company’s stock worth $121,000 after buying an additional 19 shares during the period. Heritage Investors Management Corp acquired a new position in shares of Liberty Global plc – Class C during the 3rd quarter worth approximately $133,000. Finally, QS Investors LLC raised its stake in shares of Liberty Global plc – Class C by 14.5% during the 2nd quarter. QS Investors LLC now owns 4,725 shares of the company’s stock worth $147,000 after buying an additional 600 shares during the period. 60.38% of the stock is owned by institutional investors.

Liberty Global plc – Class C (NASDAQ LBTYK) opened at $33.86 on Friday. The company has a debt-to-equity ratio of 3.64, a quick ratio of 0.47 and a current ratio of 0.47. The firm has a market capitalization of $28,241.78, a P/E ratio of 41.29 and a beta of 1.51. Liberty Global plc – Class C has a 52 week low of $27.36 and a 52 week high of $37.86.

Liberty Global plc – Class C declared that its board has approved a stock buyback plan on Monday, December 18th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

COPYRIGHT VIOLATION WARNING: “Zurcher Kantonalbank Zurich Cantonalbank Has $3.96 Million Holdings in Liberty Global plc – Class C (LBTYK)” was first posted by Daily Political and is the property of of Daily Political. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2018/02/09/zurcher-kantonalbank-zurich-cantonalbank-has-3-96-million-holdings-in-liberty-global-plc-class-c-lbtyk.html.

Liberty Global plc – Class C Company Profile

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.

Want to see what other hedge funds are holding LBTYK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Global plc – Class C (NASDAQ:LBTYK).

Institutional Ownership by Quarter for Liberty Global plc - Class C (NASDAQ:LBTYK)

Receive News & Ratings for Liberty Global plc - Class C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Global plc - Class C and related companies with MarketBeat.com's FREE daily email newsletter.