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

May 17, 2018 - By Richard Doty

Liberty Global plc (NASDAQ:LBTYA) Corporate Logo

According to 2018Q1 Securities and Exchange form the Barry Lebovits decreased its stake in Liberty Global Plc (NASDAQ:LBTYA) by 58.05%. The company’s stock Sank 8.90% while Rivulet Capital Llc sold 1.34 million shares. The television services company reported $30.32 million value for the 2018Q1. Now the hedge fund run by Barry Lebovits is holding 968,481 shares, compared to the 2.31M from the previous quarter. $23.20B is the market cap of Liberty Global Plc. LBTYA is touching $29.54 during the last trading session, after decreased 0.84%.Liberty Global plc has 2.55M shares volume, 19.34% up from normal. LBTYA is downtrending and has moved 8.85% since May 17, 2017. LBTYA underperformed by 20.40% the S&P 500.

For a total of shares it increased its holding in by shares in the quarter, and has risen its stake in .

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

A total of 9 analysts rate Liberty Global A (NASDAQ:LBTYA) as follows: 9 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NASDAQ:LBTYA) has 11 ratings reports on May 17, 2018 according to StockzIntelligence. On Monday, February 5 the stock has “Buy” rating by Buckingham Research. In Thursday, February 22 report Citigroup maintained it with “Buy” rating and $43 target. On Thursday, April 19 the firm has “Outperform” rating by Credit Suisse given. In Friday, February 16 report Macquarie Research maintained the stock with “Buy” rating. In Friday, April 20 report RBC Capital Markets maintained the stock with “Buy” rating. In Friday, February 2 report Jefferies maintained it with “Buy” rating and $48.0 target. The company rating was upgraded by Bernstein on Thursday, March 15. On Tuesday, February 6 the rating was maintained by Citigroup with “Buy”. On Wednesday, January 17 the stock has “Overweight” rating by Morgan Stanley.

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 worth $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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