Liberty Global plc – Class C Or (NASDAQ:LILAK).
Genesis Asset Managers, Llp reports that it bought 48,154 shares in the previous quarter increasing its stake in Liberty Global plc – Class C Or (LILAK) by 0.6%. Its investment was worth $184,954,000 a decrease of $12,971,000 according to the filing.
These firms have also modified their investment in LILAK. As of quarter end Gateway Investment Advisers LLC had acquired 39,708 shares growing its position 50.2%. The value of the investment in (LILAK) went from $1,822,000 to $2,543,000 increasing 39.6% for the reporting period. As of the end of the quarter Bank Of Montreal /can/ had sold a total of 226 shares trimming its holdings by 5.2%. The value of the investment in Liberty Global plc – Class C Or decreased from $101,000 to $89,000 a change of 11.9% quarter to quarter.
As of quarter end Vnbtrust, National Association had bought a total of 12,200 shares growing its stake by 49.9%. The value in dollars went from $563,000 to $785,000 a change of $222,000 since the last quarter.
On May 12 analysts at Citigroup began coverage of the stock setting a rating of “Buy”.
The company is now up since yesterday’s close of $24.83. The stock last traded at $24.84 which is slightly above the 50 day moving average of $20.61 and which is just a bit higher than the 200 day moving average of $22.12. The 50 day moving average moved up $4.28 and the 200 day average moved up $2.77.
As of the latest earnings report the EPS was $-1.30 and is projected to be $0.76 for the current year with 172,245,000 shares now outstanding. Analysts expect next quarter’s EPS to be $0.16 and the next full year EPS is anticipated to be $1.06.
Investors are feeling more bullish on Liberty Global plc – Class C Or of late if you pay attention to the change in short interest. The company had a fall in short interest from June 15, 2017 to May 31, 2017 of -29.70%. Short interest decreased 1,606,883 over that timeframe. With short interest at 3,804,310 and short average daily volume at 982,639, days to cover is 3.9 and the percentage of shorted shares was 0.02% on May 31.