Credit Suisse AG cut its position in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 4.7% during the 3rd quarter, Holdings Channel reports. The firm owned 136,752 shares of the company’s stock after selling 6,723 shares during the period. Credit Suisse AG’s holdings in Liberty Broadband Corp Series C were worth $11,527,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in LBRDK. Massey Quick Simon & CO. LLC bought a new position in shares of Liberty Broadband Corp Series C during the 2nd quarter valued at about $136,000. NEXT Financial Group Inc bought a new position in Liberty Broadband Corp Series C during the 3rd quarter worth approximately $166,000. Integrated Investment Consultants LLC grew 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 acquiring an additional 5,970 shares during the last quarter. Holistic Financial Partners bought a new position in Liberty Broadband Corp Series C during the 3rd quarter worth approximately $205,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Liberty Broadband Corp Series C during the 3rd quarter worth approximately $207,000. Hedge funds and other institutional investors own 51.99% of the company’s stock.

LBRDK opened at $80.43 on Friday. 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 1 year low of $68.33 and a 1 year high of $99.68. The company has a market cap of $14.85 billion, a P/E ratio of 819.10 and a beta of 1.23.

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

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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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