Liberty Broadband Corp Series C (LBRDK) Shares Sold by Swiss National Bank

Swiss National Bank lessened its stake in Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 3.9% in the third quarter, Holdings Channel reports. The institutional investor owned 340,900 shares of the company’s stock after selling 13,700 shares during the quarter. Swiss National Bank’s holdings in Liberty Broadband Corp Series C were worth $28,738,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of LBRDK. Massey Quick Simon & CO. LLC bought a new stake in Liberty Broadband Corp Series C during the second quarter valued at $136,000. NEXT Financial Group Inc bought a new stake in Liberty Broadband Corp Series C during the third quarter valued at $166,000. Integrated Investment Consultants LLC increased its stake in Liberty Broadband Corp Series C by 18,090.9% during the second quarter. Integrated Investment Consultants LLC now owns 6,003 shares of the company’s stock valued at $184,000 after purchasing an additional 5,970 shares during the last quarter. Holistic Financial Partners bought a new stake in Liberty Broadband Corp Series C during the third quarter valued at $205,000. Finally, Oppenheimer Asset Management Inc. bought a new stake in Liberty Broadband Corp Series C during the third quarter valued at $207,000. Institutional investors and hedge funds own 57.00% of the company’s stock.

Several analysts have weighed in on LBRDK shares. TheStreet upgraded shares of Liberty Broadband Corp Series C from a “c+” rating to a “b” rating in a research note on Tuesday, November 6th. Zacks Investment Research upgraded shares of Liberty Broadband Corp Series C from a “hold” rating to a “buy” rating and set a $91.00 target price for the company in a research note on Thursday, November 1st. Finally, ValuEngine upgraded shares of Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a research note on Thursday, September 27th.

Shares of LBRDK opened at $78.40 on Monday. Liberty Broadband Corp Series C has a 1 year low of $68.33 and a 1 year high of $99.68. The company has a debt-to-equity ratio of 0.05, a quick ratio of 9.56 and a current ratio of 9.56.

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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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Want to see what other hedge funds are holding LBRDK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Broadband Corp Series C (NASDAQ:LBRDK).

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

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