Caisse DE Depot ET Placement DU Quebec reduced its holdings in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 66.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,000 shares of the company’s stock after selling 17,900 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Liberty Broadband Corp Series C were worth $681,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Janus Henderson Group PLC boosted its stake in shares of Liberty Broadband Corp Series C by 2,504.3% during the 2nd quarter. Janus Henderson Group PLC now owns 1,702,477 shares of the company’s stock worth $128,912,000 after acquiring an additional 1,637,104 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in Liberty Broadband Corp Series C by 6.8% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 296,261 shares of the company’s stock worth $25,387,000 after purchasing an additional 18,794 shares during the last quarter. Royal Bank of Canada lifted its holdings in Liberty Broadband Corp Series C by 8.8% during the 1st quarter. Royal Bank of Canada now owns 141,191 shares of the company’s stock worth $12,099,000 after purchasing an additional 11,479 shares during the last quarter. Bislett Management LLC lifted its holdings in Liberty Broadband Corp Series C by 90.1% during the 2nd quarter. Bislett Management LLC now owns 39,320 shares of the company’s stock worth $2,977,000 after purchasing an additional 18,640 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in Liberty Broadband Corp Series C by 8.4% during the 2nd quarter. US Bancorp DE now owns 43,478 shares of the company’s stock worth $3,292,000 after purchasing an additional 3,373 shares during the last quarter. Institutional investors own 57.54% of the company’s stock.

Separately, Zacks Investment Research raised Liberty Broadband Corp Series C from a “strong sell” rating to a “strong-buy” rating and set a $80.00 price target for the company in a report on Wednesday, June 6th.

NASDAQ:LBRDK opened at $82.06 on Tuesday. The company has a market cap of $14.69 billion, a P/E ratio of 810.10 and a beta of 1.37. The company has a quick ratio of 8.49, a current ratio of 8.49 and a debt-to-equity ratio of 0.05. Liberty Broadband Corp Series C has a 1-year low of $68.33 and a 1-year high of $99.68.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last released its quarterly earnings results on Wednesday, August 8th. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.24). The firm had revenue of $3.37 million for the quarter. Liberty Broadband Corp Series C had a return on equity of 20.47% and a net margin of 9,284.89%. equities research analysts forecast that Liberty Broadband Corp Series C will post 0.9 earnings per share for the current year.

Liberty Broadband Corp Series C Company Profile

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential and commercial customers in the United States. It operates through Skyhook and Charter segments. The Skyhook segment offers Precision Location Solution, a location determination service for mobile device makers, wireless carriers, and asset tracking platforms to understanding the precise geographic location and movement of mobile devices; enhancing the location determination capabilities of a hybrid location system.

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Institutional Ownership by Quarter for Liberty Broadband Corp Series C (NASDAQ:LBRDK)

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