Liberty Broadband Corp Series C (NASDAQ:LBRDK) Shares Purchased by Pathstone Family Office LLC

Pathstone Family Office LLC increased its position in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 235.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,767 shares of the company’s stock after purchasing an additional 1,941 shares during the period. Pathstone Family Office LLC’s holdings in Liberty Broadband Corp Series C were worth $288,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. BlackRock Inc. grew its stake in shares of Liberty Broadband Corp Series C by 0.3% during the first quarter. BlackRock Inc. now owns 8,029,361 shares of the company’s stock worth $736,613,000 after purchasing an additional 23,159 shares in the last quarter. Geode Capital Management LLC lifted its position in Liberty Broadband Corp Series C by 9.5% in the fourth quarter. Geode Capital Management LLC now owns 1,417,821 shares of the company’s stock valued at $102,072,000 after acquiring an additional 123,037 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Liberty Broadband Corp Series C by 14.9% in the second quarter. JPMorgan Chase & Co. now owns 1,116,232 shares of the company’s stock valued at $114,694,000 after acquiring an additional 144,977 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Liberty Broadband Corp Series C by 6.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 852,176 shares of the company’s stock valued at $61,384,000 after acquiring an additional 53,173 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Liberty Broadband Corp Series C by 1.3% in the second quarter. Northern Trust Corp now owns 783,969 shares of the company’s stock valued at $81,705,000 after acquiring an additional 10,213 shares during the last quarter. Hedge funds and other institutional investors own 54.29% of the company’s stock.

A number of equities research analysts recently weighed in on LBRDK shares. Zacks Investment Research cut shares of Liberty Broadband Corp Series C from a “hold” rating to a “sell” rating in a research report on Saturday, July 20th. TD Securities raised shares of Liberty Broadband Corp Series C from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a research report on Friday, August 9th. BidaskClub raised shares of Liberty Broadband Corp Series C from a “hold” rating to a “buy” rating in a research report on Wednesday, August 28th. Morgan Stanley boosted their price target on shares of Liberty Broadband Corp Series C from $110.00 to $117.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 17th. Finally, ValuEngine cut shares of Liberty Broadband Corp Series C from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $117.33.

LBRDK traded up $0.19 on Tuesday, reaching $108.69. The company had a trading volume of 23,226 shares, compared to its average volume of 377,402. Liberty Broadband Corp Series C has a 1 year low of $68.47 and a 1 year high of $109.72. The stock has a market capitalization of $19.84 billion, a PE ratio of 286.04 and a beta of 1.25. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average price of $102.68 and a 200-day moving average price of $99.49.

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

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