IFM Investors Pty Ltd Has $420,000 Holdings in Liberty Broadband Corp Series C (LBRDK)

IFM Investors Pty Ltd grew its holdings in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 36.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,984 shares of the company’s stock after acquiring an additional 1,342 shares during the quarter. IFM Investors Pty Ltd’s holdings in Liberty Broadband Corp Series C were worth $420,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Massey Quick Simon & CO. LLC acquired a new stake in shares of Liberty Broadband Corp Series C in the second quarter valued at $136,000. NEXT Financial Group Inc acquired a new stake in shares of Liberty Broadband Corp Series C in the third quarter valued at $166,000. Cohen Klingenstein LLC acquired a new stake in shares of Liberty Broadband Corp Series C in the third quarter valued at $217,000. Rathbone Brothers plc acquired a new stake in shares of Liberty Broadband Corp Series C in the third quarter valued at $244,000. Finally, Bank of Montreal Can lifted 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 valued at $226,000 after buying an additional 1,200 shares during the period. Institutional investors own 57.22% of the company’s stock.

Shares of Liberty Broadband Corp Series C stock opened at $84.09 on Friday. The company has a quick ratio of 8.49, a current ratio of 8.49 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $14.77 billion, a PE ratio of 814.40 and a beta of 1.37. Liberty Broadband Corp Series C has a fifty-two week low of $68.33 and a fifty-two week high of $99.68.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last announced its quarterly earnings data on Thursday, August 2nd. 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 during the quarter. Liberty Broadband Corp Series C had a net margin of 9,284.89% and a return on equity of 20.47%. Equities analysts anticipate that Liberty Broadband Corp Series C will post 0.99 earnings per share for the current fiscal year.

LBRDK has been the subject of several research analyst reports. ValuEngine upgraded Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a report on Thursday, September 27th. Zacks Investment Research lowered Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 11th.

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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