Pinnacle Associates Ltd. lessened its holdings in Liberty Global plc – Class C (NASDAQ:LBTYK) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,546 shares of the company’s stock after selling 1,566 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Liberty Global plc – Class C were worth $1,203,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the stock. ACR Alpine Capital Research LLC increased its holdings in Liberty Global plc – Class C by 5.2% in the fourth quarter. ACR Alpine Capital Research LLC now owns 3,627,032 shares of the company’s stock valued at $122,739,000 after buying an additional 178,805 shares during the last quarter. Alexandria Capital LLC purchased a new position in Liberty Global plc – Class C in the fourth quarter valued at $5,495,000. Suntrust Banks Inc. boosted its stake in Liberty Global plc – Class C by 3.3% in the fourth quarter. Suntrust Banks Inc. now owns 114,392 shares of the company’s stock valued at $3,870,000 after acquiring an additional 3,619 shares in the last quarter. Itau Unibanco Holding S.A. acquired a new position in Liberty Global plc – Class C in the fourth quarter valued at $797,000. Finally, Tower Research Capital LLC TRC boosted its stake in Liberty Global plc – Class C by 380.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,563 shares of the company’s stock valued at $357,000 after acquiring an additional 8,363 shares in the last quarter. 59.05% of the stock is currently owned by hedge funds and other institutional investors.
Liberty Global plc – Class C (NASDAQ:LBTYK) opened at $31.46 on Tuesday. The company has a quick ratio of 0.43, a current ratio of 0.43 and a debt-to-equity ratio of 5.95. Liberty Global plc – Class C has a 12 month low of $27.36 and a 12 month high of $37.86. The stock has a market cap of $25,386.14, a price-to-earnings ratio of 38.37 and a beta of 1.51.
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About Liberty Global plc – Class C
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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