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Liberty Global PLC $LILAK Shares Bought by American Century Companies Inc.

Liberty Global logo with Computer and Technology background

American Century Companies Inc. boosted its position in Liberty Global PLC (NASDAQ:LILAK - Free Report) by 12.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 315,750 shares of the company's stock after acquiring an additional 34,634 shares during the period. American Century Companies Inc. owned 0.16% of Liberty Global worth $1,961,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LILAK. Fourth Sail Capital LP bought a new stake in Liberty Global in the 1st quarter valued at about $15,734,000. Deutsche Bank AG raised its stake in Liberty Global by 41.3% in the 4th quarter. Deutsche Bank AG now owns 1,881,436 shares of the company's stock valued at $11,928,000 after acquiring an additional 549,884 shares during the period. Nuveen LLC bought a new stake in Liberty Global in the 1st quarter valued at about $2,327,000. Northern Trust Corp raised its stake in Liberty Global by 27.1% in the 4th quarter. Northern Trust Corp now owns 1,519,252 shares of the company's stock valued at $9,632,000 after acquiring an additional 324,018 shares during the period. Finally, Allianz Asset Management GmbH raised its stake in Liberty Global by 28.8% in the 1st quarter. Allianz Asset Management GmbH now owns 970,163 shares of the company's stock valued at $6,025,000 after acquiring an additional 216,897 shares during the period. 52.98% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Scotiabank upped their price target on Liberty Global from $5.10 to $8.20 and gave the company a "sector perform" rating in a research report on Thursday, August 28th. Wall Street Zen cut Liberty Global from a "buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Liberty Global presently has a consensus rating of "Hold" and an average price target of $7.85.

Read Our Latest Research Report on LILAK

Liberty Global Price Performance

Shares of NASDAQ:LILAK remained flat at $8.17 during midday trading on Friday. 898,033 shares of the company were exchanged, compared to its average volume of 1,522,901. The company has a debt-to-equity ratio of 5.00, a current ratio of 1.08 and a quick ratio of 1.08. The company's 50 day simple moving average is $7.28 and its two-hundred day simple moving average is $6.29. The stock has a market cap of $1.63 billion, a PE ratio of -1.38 and a beta of 1.02. Liberty Global PLC has a fifty-two week low of $4.23 and a fifty-two week high of $10.67.

Liberty Global (NASDAQ:LILAK - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported ($2.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by ($2.14). The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.11 billion. Liberty Global had a negative return on equity of 71.58% and a negative net margin of 26.61%.

About Liberty Global

(Free Report)

Liberty Latin America Ltd., together with its subsidiaries, provides fixed, mobile, and subsea telecommunications services. The company operates through C&W Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rico segments. It offers communications and entertainment services, including video, broadband internet, fixed-line, telephony, and mobiles services to residential and business customers; and business products and services that include enterprise-grade connectivity, data center, hosting, and managed solutions, as well as information technology solutions for small and medium enterprises, international companies, and governmental agencies.

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

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