Liberty Broadband Corp Series C (NASDAQ:LBRDK) has received a consensus broker rating score of 2.00 (Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Brokers have set a 1 year consensus target price of $107.00 for the company and are anticipating that the company will post $0.33 EPS for the current quarter, according to Zacks. Zacks has also given Liberty Broadband Corp Series C an industry rank of 198 out of 255 based on the ratings given to its competitors.

A number of research firms have weighed in on LBRDK. Zacks Investment Research raised shares of Liberty Broadband Corp Series C from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 20th. TheStreet cut shares of Liberty Broadband Corp Series C from a “b” rating to a “c+” rating in a research note on Monday, December 24th. Finally, TD Securities boosted 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 note on Friday, March 1st.

NASDAQ LBRDK opened at $95.92 on Monday. The firm has a market cap of $17.40 billion, a price-to-earnings ratio of 252.42 and a beta of 1.40. Liberty Broadband Corp Series C has a fifty-two week low of $68.33 and a fifty-two week high of $96.70. The company has a current ratio of 10.33, a quick ratio of 10.33 and a debt-to-equity ratio of 0.05.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last posted its earnings results on Friday, February 8th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.30). The company had revenue of $3.58 million for the quarter. Liberty Broadband Corp Series C had a return on equity of 0.66% and a net margin of 314.28%. As a group, sell-side analysts predict that Liberty Broadband Corp Series C will post 1.75 earnings per share for the current year.

Several institutional investors have recently modified their holdings of LBRDK. Bank of America Corp DE grew its stake in shares of Liberty Broadband Corp Series C by 93.9% in the fourth quarter. Bank of America Corp DE now owns 2,031,059 shares of the company’s stock worth $146,297,000 after purchasing an additional 983,542 shares during the last quarter. Norges Bank bought a new stake in Liberty Broadband Corp Series C during the fourth quarter valued at $69,481,000. Makaira Partners LLC boosted its position in Liberty Broadband Corp Series C by 111.4% during the fourth quarter. Makaira Partners LLC now owns 1,276,901 shares of the company’s stock valued at $91,975,000 after acquiring an additional 672,931 shares during the last quarter. Manikay Partners LLC bought a new stake in Liberty Broadband Corp Series C during the fourth quarter valued at $21,609,000. Finally, Foxhaven Asset Management LP boosted its position in Liberty Broadband Corp Series C by 87.6% during the fourth quarter. Foxhaven Asset Management LP now owns 468,343 shares of the company’s stock valued at $33,735,000 after acquiring an additional 218,751 shares during the last quarter. 56.86% of the stock is currently owned by institutional investors.

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.

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