Robeco Institutional Asset Management B.V. trimmed its position in Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 55.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,310 shares of the company’s stock after selling 2,912 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Liberty Broadband Corp Series C were worth $175,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Hound Partners LLC boosted its stake in Liberty Broadband Corp Series C by 12.0% in the first quarter. Hound Partners LLC now owns 3,117,860 shares of the company’s stock valued at $267,169,000 after acquiring an additional 333,676 shares in the last quarter. Triple Frond Partners LLC boosted its stake in Liberty Broadband Corp Series C by 13.3% in the second quarter. Triple Frond Partners LLC now owns 900,000 shares of the company’s stock valued at $68,148,000 after acquiring an additional 105,697 shares in the last quarter. Legal & General Group Plc boosted its stake in Liberty Broadband Corp Series C by 5.1% in the first quarter. Legal & General Group Plc now owns 506,490 shares of the company’s stock valued at $43,375,000 after acquiring an additional 24,361 shares in the last quarter. Franklin Resources Inc. boosted its stake in Liberty Broadband Corp Series C by 5.5% in the first quarter. Franklin Resources Inc. now owns 494,196 shares of the company’s stock valued at $42,348,000 after acquiring an additional 25,893 shares in the last quarter. Finally, River Road Asset Management LLC boosted its stake in Liberty Broadband Corp Series C by 225.4% in the second quarter. River Road Asset Management LLC now owns 419,676 shares of the company’s stock valued at $31,778,000 after acquiring an additional 290,703 shares in the last quarter. Institutional investors own 57.21% of the company’s stock.

Several brokerages have weighed in on LBRDK. Zacks Investment Research downgraded shares of Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 11th. TheStreet cut shares of Liberty Broadband Corp Series C from a “b-” rating to a “c+” rating in a report on Monday, May 14th.

NASDAQ LBRDK opened at $78.70 on Friday. The firm has a market capitalization of $14.51 billion, a price-to-earnings ratio of 799.90 and a beta of 1.39. Liberty Broadband Corp Series C has a 12-month low of $68.33 and a 12-month high of $104.66. The company has a debt-to-equity ratio of 0.05, a current ratio of 8.49 and a quick ratio of 8.49.

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

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.

Further Reading: Understanding Analyst Ratings

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

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