Beddow Capital Management INC Has Boosted Its Liberty Global A Plc (LBTYA) Holding by $4.72 Million; Stock Value Declined

April 21, 2018 - By Ellis Scott

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Ed Beddow increased its stake in Liberty Global A Plc (LBTYA) by 123.85% based on its latest 2017Q4 regulatory filing with the SEC. Beddow Capital Management Inc bought 134,917 shares as the company’s stock declined 8.90% with the market. The hedge fund run by Ed Beddow held 243,857 shares of the television services company at the end of 2017Q4, valued at $8.74M, up from 108,940 at the end of the previous reported quarter. Beddow Capital Management Inc who had been investing in Liberty Global A Plc for a number of months, seems to be bullish on the $25.13B market cap company. The stock decreased 1.37% or $0.44 during the last trading session, reaching $31.78. About 1.26M shares traded. Liberty Global plc (NASDAQ:LBTYA) has declined 8.85% since April 21, 2017 and is downtrending. It has underperformed by 20.40% the S&P500.

Liberty Global plc (NASDAQ:LBTYA) Ratings Coverage

Among 9 analysts covering Liberty Global PLC (NASDAQ:LBTYA), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Liberty Global PLC had 13 analyst reports since October 30, 2017 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Thursday, February 22 report. Jefferies maintained the stock with “Buy” rating in Monday, October 30 report. The firm has “Buy” rating given on Friday, February 16 by Macquarie Research. The stock has “Buy” rating by Citigroup on Tuesday, February 6. On Monday, November 6 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Liberty Global plc (NASDAQ:LBTYA) has “Buy” rating given on Friday, April 20 by RBC Capital Markets. Buckingham Research maintained it with “Buy” rating and $50 target in Monday, February 5 report. Morgan Stanley upgraded the shares of LBTYA in report on Wednesday, January 17 to “Overweight” rating. As per Thursday, April 19, the company rating was upgraded by Credit Suisse. Bernstein upgraded Liberty Global plc (NASDAQ:LBTYA) on Thursday, March 15 to “Outperform” rating.

Liberty Global plc (NASDAQ:LBTYA) Ratings Chart

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