A number of other institutional investors also recently added to or reduced their stakes in the business. First Trust Advisors LP lifted its position in shares of Liberty Broadband Corporation by 1.4% during the 3rd quarter. Public Employees Retirement System of OH now owns 11,382 shares of the company's stock valued at $976,000 after buying an additional 1,757 shares in the last quarter. Brown Advisory Inc. boosted its position in Liberty Broadband Corp.by 19.4% in the second quarter. UBS Asset Management Americas Inc. now owns 56,866 shares of the company's stock worth $3,412,000 after buying an additional 4,603 shares during the last quarter.
At Liberty Broadband Corporation (LBRDK), the percentage of institutional ownership is now at 64.62% percent of its total shares outstanding, with the total value of institutional ownership at $8.7 billion. Leucadia National Corp acquired a new position in shares of Liberty Broadband Corporation during the second quarter worth approximately $9,615,000.
At Liberty Broadband Corporation (LBRDK), there are now 364 institutional holders with a total of 98,930,845 shares. Vanguard Group Inc. now owns 1,673,213 shares of the company's stock worth $142,374,000 after purchasing an additional 102,812 shares during the period. About 2,548 shares traded. The stock closed the regular trading session at $88.93 yesterday, compared to the closing price of $87.88 the previous day - a change of 1.19 percent. The firm has a market capitalization of $14.13 billion, a PE ratio of 12.29 and a beta of 1.41. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 0.06. Liberty Broadband Corporation has a 52-week low of $63.64 and a 52-week high of $104.66.
What is Wall Street saying about Liberty Broadband Corporation Inc (LBRDK) these days? The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.08).
TRADEMARK VIOLATION WARNING: "Zacks: Liberty Broadband Corporation (LBRDK) Receives Average Recommendation of "Hold" from Brokerages" was originally posted by StockNewsTimes and is owned by of StockNewsTimes. The original version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/16/northern-capital-management-llc-lowers-stake-in-liberty-broadband-corporation-lbrda.html. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright legislation. Also, Director John C. Malone sold 25,119 shares of the stock in a transaction that occurred on Monday, November 21st. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Following the transaction, the director now owns 3,452,779 shares of the company's stock, valued at approximately $338,752,147.69. The disclosure for this sale can be found here. The shares were sold at an average price of $69.34, for a total value of $1,741,751.46. Pivotal Research maintained the stock with "Buy" rating in Wednesday, April 5 report. Pivotal Research reissued a "buy" rating and set a $108.00 price objective (up from $107.00) on shares of Liberty Broadband Corporation in a research report on Tuesday, August 15th. Morgan Stanley restated an "equal weight" rating and set a $95.00 price target (up from $91.00) on shares of Liberty Broadband Corporation in a research report on Monday, July 17th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock.
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