Pecaut & CO. bought a new position in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) during the 1st quarter, Holdings Channel reports. The fund bought 149 shares of the company’s stock, valued at approximately $105,000.

A number of other large investors also recently added to or reduced their stakes in the business. TIAA CREF Investment Management LLC lifted its position in Liberty Broadband Corp Series C by 1.1% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 440,238 shares of the company’s stock valued at $37,112,000 after acquiring an additional 5,001 shares in the last quarter. Vanguard Group Inc lifted its position in Liberty Broadband Corp Series C by 1.8% in the 3rd quarter. Vanguard Group Inc now owns 9,972,642 shares of the company’s stock valued at $840,693,000 after acquiring an additional 175,570 shares in the last quarter. State of Alaska Department of Revenue lifted its position in Liberty Broadband Corp Series C by 2.0% in the 4th quarter. State of Alaska Department of Revenue now owns 11,055 shares of the company’s stock valued at $796,000 after acquiring an additional 214 shares in the last quarter. Virtu Financial LLC bought a new position in Liberty Broadband Corp Series C in the 4th quarter valued at about $252,000. Finally, Bank of Montreal Can lifted its position in Liberty Broadband Corp Series C by 947.4% in the 4th quarter. Bank of Montreal Can now owns 47,573 shares of the company’s stock valued at $3,426,000 after acquiring an additional 43,031 shares in the last quarter. 57.22% of the stock is currently owned by institutional investors.

Liberty Broadband Corp Series C stock opened at $99.77 on Wednesday. Liberty Broadband Corp Series C has a 52 week low of $68.33 and a 52 week high of $101.84. The company has a current ratio of 12.76, a quick ratio of 12.76 and a debt-to-equity ratio of 0.05. The company has a market cap of $17.99 billion, a price-to-earnings ratio of 262.55 and a beta of 1.41.

Several equities analysts have commented on the stock. TheStreet raised shares of Liberty Broadband Corp Series C from a “c+” rating to a “b-” rating in a research report on Thursday, January 31st. TD Securities lifted their target price on shares of Liberty Broadband Corp Series C from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, March 1st. Zacks Investment Research raised shares of Liberty Broadband Corp Series C from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 20th. Finally, ValuEngine raised shares of Liberty Broadband Corp Series C from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.

COPYRIGHT VIOLATION WARNING: This article was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright law. The original version of this article can be viewed at https://theolympiareport.com/2019/05/22/pecaut-co-buys-new-stake-in-liberty-broadband-corp-series-c-lbrdk.html.

Liberty Broadband Corp Series C Company Profile

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company 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 understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.

Featured Article: Return on Equity (ROE)

Want to see what other hedge funds are holding LBRDK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Broadband Corp Series C (NASDAQ:LBRDK).

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

Receive News & Ratings for Liberty Broadband Corp Series C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corp Series C and related companies with MarketBeat.com's FREE daily email newsletter.