As Liberty Global Plc (LBTYK) Stock Price Declined, Holder Triple Frond Partners LLC Has Increased Position

August 11, 2017 - By Louis Casey

Triple Frond Partners Llc increased its stake in Liberty Global Plc (LBTYK) by 21.66% based on its latest 2016Q4 regulatory filing with the SEC. Triple Frond Partners Llc bought 817,450 shares as the company’s stock declined 17.26% while stock markets rallied. The institutional investor held 4.59 million shares of the television services company at the end of 2016Q4, valued at $136.37M, up from 3.77M at the end of the previous reported quarter. Triple Frond Partners Llc who had been investing in Liberty Global Plc for a number of months, seems to be bullish on the $19.60B market cap company. The stock rose 0.12% or $0.04 reaching $32.95 per share. About 2.34 million shares traded. Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) has declined 6.78% since August 11, 2016 and is downtrending. It has underperformed by 23.48% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.