Brown Advisory Inc. Acquires 17,153 Shares of Liberty Broadband Corp Series C (LBRDK)

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Brown Advisory Inc. boosted its holdings in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 80.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 38,585 shares of the company’s stock after buying an additional 17,153 shares during the quarter. Brown Advisory Inc.’s holdings in Liberty Broadband Corp Series C were worth $2,921,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Sandia Holdings LLC raised its position in Liberty Broadband Corp Series C by 84.1% during the 2nd quarter. Sandia Holdings LLC now owns 224,180 shares of the company’s stock worth $16,975,000 after buying an additional 102,408 shares during the last quarter. Janus Henderson Group PLC raised its position in Liberty Broadband Corp Series C by 2,504.3% during the 2nd quarter. Janus Henderson Group PLC now owns 1,702,477 shares of the company’s stock worth $128,912,000 after buying an additional 1,637,104 shares during the last quarter. Integrated Investment Consultants LLC raised its position in Liberty Broadband Corp Series C by 18,090.9% during the 2nd quarter. Integrated Investment Consultants LLC now owns 6,003 shares of the company’s stock worth $184,000 after buying an additional 5,970 shares during the last quarter. BlackRock Inc. raised its position in Liberty Broadband Corp Series C by 4.5% during the 2nd quarter. BlackRock Inc. now owns 7,923,496 shares of the company’s stock worth $599,966,000 after buying an additional 340,822 shares during the last quarter. Finally, Standard Life Aberdeen plc purchased a new position in Liberty Broadband Corp Series C during the 2nd quarter worth approximately $447,000. 57.54% of the stock is owned by institutional investors.

NASDAQ:LBRDK opened at $79.61 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 8.49 and a current ratio of 8.49. Liberty Broadband Corp Series C has a 1-year low of $68.33 and a 1-year high of $104.66.

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

A number of research firms have issued reports on LBRDK. Zacks Investment Research lowered shares of Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 11th. TheStreet lowered shares of Liberty Broadband Corp Series C from a “b-” rating to a “c+” rating in a research report on Monday, May 14th.

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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