Liberty Broadband Corp Series C (LBRDK) Holdings Cut by Credit Suisse AG

Credit Suisse AG lessened its holdings in Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 4.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,752 shares of the company’s stock after selling 6,723 shares during the quarter. Credit Suisse AG owned 0.08% of Liberty Broadband Corp Series C worth $11,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the business. Janus Henderson Group PLC lifted its position in shares of Liberty Broadband Corp Series C by 15.7% during the 3rd quarter. Janus Henderson Group PLC now owns 1,970,572 shares of the company’s stock valued at $166,119,000 after buying an additional 268,095 shares during the last quarter. Rational Advisors LLC lifted its position in shares of Liberty Broadband Corp Series C by 778.7% during the 3rd quarter. Rational Advisors LLC now owns 58,527 shares of the company’s stock valued at $4,934,000 after buying an additional 51,866 shares during the last quarter. Twin Capital Management Inc. lifted its position in shares of Liberty Broadband Corp Series C by 12.2% during the 3rd quarter. Twin Capital Management Inc. now owns 44,300 shares of the company’s stock valued at $3,734,000 after buying an additional 4,800 shares during the last quarter. Montag A & Associates Inc. purchased a new position in shares of Liberty Broadband Corp Series C during the 3rd quarter valued at $481,000. Finally, Prudential Financial Inc. purchased a new position in shares of Liberty Broadband Corp Series C during the 3rd quarter valued at $225,000. Hedge funds and other institutional investors own 51.99% of the company’s stock.

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

Shares of LBRDK opened at $80.43 on Friday. The stock has a market cap of $14.85 billion, a P/E ratio of 819.10 and a beta of 1.23. The company has a debt-to-equity ratio of 0.05, a quick ratio of 9.56 and a current ratio of 9.56. Liberty Broadband Corp Series C has a 52-week low of $68.33 and a 52-week high of $99.68.

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About Liberty Broadband Corp Series C

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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