Private Capital Advisors Inc. Buys 2,328 Shares of Liberty Broadband Corp Series C (LBRDK)

Private Capital Advisors Inc. grew its stake in Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 15.1% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,724 shares of the company’s stock after purchasing an additional 2,328 shares during the quarter. Private Capital Advisors Inc.’s holdings in Liberty Broadband Corp Series C were worth $1,689,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Nissay Asset Management Corp Japan ADV increased its position in shares of Liberty Broadband Corp Series C by 8.6% during the second quarter. Nissay Asset Management Corp Japan ADV now owns 8,572 shares of the company’s stock valued at $649,000 after acquiring an additional 681 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its position in Liberty Broadband Corp Series C by 5.1% in the first quarter. Nomura Asset Management Co. Ltd. now owns 15,786 shares of the company’s stock worth $1,353,000 after buying an additional 763 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Liberty Broadband Corp Series C by 0.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 297,059 shares of the company’s stock worth $22,494,000 after buying an additional 798 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Liberty Broadband Corp Series C by 3.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,418 shares of the company’s stock worth $1,925,000 after buying an additional 943 shares during the last quarter. Finally, Xact Kapitalforvaltning AB increased its position in 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 buying an additional 1,042 shares during the last quarter. Institutional investors own 57.49% of the company’s stock.

A number of analysts have issued reports on LBRDK shares. ValuEngine raised Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a research report on Thursday, September 27th. Zacks Investment Research downgraded Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 11th.

NASDAQ:LBRDK traded up $1.84 during trading hours on Friday, reaching $79.88. The stock had a trading volume of 1,400,400 shares, compared to its average volume of 817,803. The company has a debt-to-equity ratio of 0.05, a current ratio of 8.49 and a quick ratio of 8.49. Liberty Broadband Corp Series C has a 12-month low of $68.33 and a 12-month high of $99.68.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last released its earnings results on Wednesday, August 8th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.24). Liberty Broadband Corp Series C had a return on equity of 20.47% and a net margin of 9,284.89%. The firm had revenue of $3.37 million during the quarter. On average, equities analysts predict that Liberty Broadband Corp Series C will post 0.9 EPS for the current year.

Liberty Broadband Corp Series C 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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