Liberty Global Plc (LBTYK) Stake Lifted by Archon Partners Llc

July 18, 2017 - By Michael Collier

Archon Partners Llc increased its stake in Liberty Global Plc (LBTYK) by 120.75% based on its latest 2016Q4 regulatory filing with the SEC. Archon Partners Llc bought 241,500 shares as the company’s stock declined 17.26% while stock markets rallied. The hedge fund held 441,500 shares of the television services company at the end of 2016Q4, valued at $13.11M, up from 200,000 at the end of the previous reported quarter. Archon Partners Llc who had been investing in Liberty Global Plc for a number of months, seems to be bullish on the $19.42 billion market cap company. The stock decreased 0.16% or $0.05 during the last trading session, reaching $31.84. About shares traded. Liberty Global plc – Class C Ordinary Shares (NASDAQ:LBTYK) has declined 6.78% since July 18, 2016 and is downtrending. It has underperformed by 23.48% the S&P500.

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