Capital World Investors Sells 26,719,734 Shares of Liberty Global PLC (LBTYK)

Capital World Investors lowered its holdings in shares of Liberty Global PLC (NASDAQ:LBTYK) by 98.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 483,874 shares of the company’s stock after selling 26,719,734 shares during the period. Capital World Investors owned about 0.08% of Liberty Global PLC worth $15,087,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in LBTYK. BlackRock Inc. grew its holdings in shares of Liberty Global PLC by 2,647.1% during the 1st quarter. BlackRock Inc. now owns 17,655,217 shares of the company’s stock valued at $618,640,000 after purchasing an additional 17,012,526 shares during the last quarter. BT Investment Management Ltd bought a new position in shares of Liberty Global PLC during the 2nd quarter valued at $247,592,000. Goldman Sachs Group Inc. grew its holdings in shares of Liberty Global PLC by 130.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 6,798,534 shares of the company’s stock valued at $211,978,000 after purchasing an additional 3,844,231 shares during the last quarter. Dodge & Cox grew its holdings in shares of Liberty Global PLC by 12.4% during the 2nd quarter. Dodge & Cox now owns 32,306,221 shares of the company’s stock valued at $1,007,308,000 after purchasing an additional 3,555,474 shares during the last quarter. Finally, Jackson Square Partners LLC grew its holdings in shares of Liberty Global PLC by 26.2% during the 2nd quarter. Jackson Square Partners LLC now owns 15,417,938 shares of the company’s stock valued at $480,731,000 after purchasing an additional 3,201,623 shares during the last quarter. 60.00% of the stock is currently owned by institutional investors.

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Shares of Liberty Global PLC (NASDAQ LBTYK) opened at 31.29 on Tuesday. The firm’s 50-day moving average is $32.38 and its 200 day moving average is $31.89. Liberty Global PLC has a 12 month low of $27.36 and a 12 month high of $37.00. The stock has a market cap of $31.40 b

Several other hedge funds have also added to or reduced their stakes in LBTYK. BlackRock Inc. grew its holdings in shares of Liberty Global PLC by 2,647.1% during the 1st quarter. BlackRock Inc. now owns 17,655,217 shares of the company’s stock valued at $618,640,000 after purchasing an additional 17,012,526 shares during the last quarter. BT Investment Management Ltd bought a new position in shares of Liberty Global PLC during the 2nd quarter valued at $247,592,000. Goldman Sachs Group Inc. grew its holdings in shares of Liberty Global PLC by 130.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 6,798,534 shares of the company’s stock valued at $211,978,000 after purchasing an additional 3,844,231 shares during the last quarter. Dodge & Cox grew its holdings in shares of Liberty Global PLC by 12.4% during the 2nd quarter. Dodge & Cox now owns 32,306,221 shares of the company’s stock valued at $1,007,308,000 after purchasing an additional 3,555,474 shares during the last quarter. Finally, Jackson Square Partners LLC grew its holdings in shares of Liberty Global PLC by 26.2% during the 2nd quarter. Jackson Square Partners LLC now owns 15,417,938 shares of the company’s stock valued at $480,731,000 after purchasing an additional 3,201,623 shares during the last quarter. 60.00% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: This piece was posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another website, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this piece can be accessed at https://ledgergazette.com/2017/10/10/capital-world-investors-sells-26719734-shares-of-liberty-global-plc-lbtyk.html.

Shares of Liberty Global PLC (NASDAQ LBTYK) opened at 31.29 on Tuesday. The firm’s 50-day moving average is $32.38 and its 200 day moving average is $31.89. Liberty Global PLC has a 12 month low of $27.36 and a 12 month high of $37.00. The stock has a market cap of $31.40 billion, a PE ratio of 34.38 and a beta of 1.56.

Liberty Global PLC 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.

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Institutional Ownership by Quarter for Liberty Global PLC (NASDAQ:LBTYK)

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