US Bancorp DE trimmed its position in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 18.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,561 shares of the company’s stock after selling 7,917 shares during the period. US Bancorp DE’s holdings in Liberty Broadband Corp Series C were worth $2,997,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. IFM Investors Pty Ltd bought a new position in shares of Liberty Broadband Corp Series C in the second quarter worth $276,000. Xact Kapitalforvaltning AB boosted its holdings in shares of Liberty Broadband Corp Series C by 9.8% in the second quarter. Xact Kapitalforvaltning AB now owns 11,729 shares of the company’s stock worth $888,000 after acquiring an additional 1,042 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Liberty Broadband Corp Series C by 13.8% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 37,345 shares of the company’s stock worth $2,828,000 after acquiring an additional 4,525 shares during the period. Bank of Montreal Can boosted its holdings in shares of Liberty Broadband Corp Series C by 66.7% in the second quarter. Bank of Montreal Can now owns 2,999 shares of the company’s stock worth $226,000 after acquiring an additional 1,200 shares during the period. Finally, Fox Run Management L.L.C. bought a new position in shares of Liberty Broadband Corp Series C in the second quarter worth $767,000. 51.99% of the stock is owned by institutional investors and hedge funds.

Shares of LBRDK traded down $2.03 during trading hours on Friday, hitting $80.43. The company had a trading volume of 378,715 shares, compared to its average volume of 551,310. The company has a current ratio of 9.56, a quick ratio of 9.56 and a debt-to-equity ratio of 0.05. The company has a market cap of $14.95 billion, a P/E ratio of 824.60 and a beta of 1.23. Liberty Broadband Corp Series C has a 52-week low of $68.33 and a 52-week high of $99.68.

A number of equities analysts have recently commented on the company. TheStreet raised Liberty Broadband Corp Series C from a “c+” rating to a “b” rating in a report on Tuesday, November 6th. ValuEngine raised Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a report on Thursday, September 27th. Finally, Zacks Investment Research raised Liberty Broadband Corp Series C from a “hold” rating to a “buy” rating and set a $91.00 price target for the company in a report on Thursday, November 1st.

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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.

Further Reading: Earnings Per Share

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

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