As Liberty Global Plc (NASDAQ:LBTYA) Price Declined, Rivulet Capital Llc Lowered by $41.54 Million Its Position

May 17, 2018 - By Connie Jacobs

Liberty Global plc (NASDAQ:LBTYA) Corporate Logo

Based on the latest 2018Q1 regulatory filing with the SEC, Barry Lebovits decreased its holdings in Liberty Global Plc (NASDAQ:LBTYA) by 58.05%. The company’s stock Sank 8.90% while Rivulet Capital Llc sold 1.34M shares. The hedge fund run by Barry Lebovits is holding 968,481 shares, compared to the 2.31M from the previous quarter. And the reported value of the television services company is $30.32 million for the 2018Q1. $23.20 billion is Liberty Global Plc’s market cap. LBTYA hit $29.54 during the last trading session after $0.25 change.Liberty Global plc is downtrending after having declined 8.85% since May 17, 2017. LBTYA has 2.55M volume or 19.34% up from normal. LBTYA underperformed the S&P500 by 20.40%.

Rivulet Capital Llc has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Rivulet Capital Llc is a New York-based hedge fund that was founded by Barry Lebovits And Joshua Kuntz. It had more than $221.95 million assets under management in June, 2014. Taken from Rivulet Capital latest Adv, the fund reported to have 6 full and part-time employees. Among which 5 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Liberty Global plc (NASDAQ:LBTYA) Ratings Coverage

In total 9 analysts cover Liberty Global A (NASDAQ:LBTYA). “Buy” rating has 9, “Sell” are 0, while 0 are “Hold”. (NASDAQ:LBTYA) has 100% bullish analysts. 11 are the (NASDAQ:LBTYA)’s ratings reports on May 17, 2018 according to StockzIntelligence Inc. On Friday, February 2 the firm earned “Buy” rating by Jefferies. On Friday, April 20 the firm has “Buy” rating given by RBC Capital Markets. On Monday, February 5 the stock of Liberty Global plc (NASDAQ:LBTYA) earned “Buy” rating by Buckingham Research. On Thursday, April 19 Credit Suisse upgraded Liberty Global plc (NASDAQ:LBTYA) to “Outperform” rating. On Thursday, March 15 the firm has “Outperform” rating by Bernstein given. On Thursday, February 22 the stock has “Buy” rating by Citigroup. On Wednesday, January 17 the rating was upgraded by Morgan Stanley to “Overweight”. In Friday, February 16 report Macquarie Research maintained the stock with “Buy” rating. The company rating was maintained by Citigroup on Tuesday, February 6.

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential clients and businesses internationally.The firm is valued at $23.20 billion. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, set-top boxes, and pay-per-view programming.Currently it has negative earnings. The firm provides entertainment, sports, movies, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels.

Liberty Global plc (NASDAQ:LBTYA) Analyst Ratings Chart

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