Renaissance Technologies LLC boosted its stake in Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 132.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 541,600 shares of the company’s stock after acquiring an additional 308,200 shares during the period. Renaissance Technologies LLC owned 0.30% of Liberty Broadband Corp Series C worth $41,010,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in shares of Liberty Broadband Corp Series C during the 1st quarter worth approximately $267,000. State Board of Administration of Florida Retirement System boosted its holdings in shares of Liberty Broadband Corp Series C by 2.4% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 119,162 shares of the company’s stock worth $10,211,000 after buying an additional 2,747 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Liberty Broadband Corp Series C by 6.8% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 296,261 shares of the company’s stock worth $25,387,000 after buying an additional 18,794 shares in the last quarter. Triple Frond Partners LLC bought a new position in shares of Liberty Broadband Corp Series C during the 1st quarter worth approximately $68,064,000. Finally, Toronto Dominion Bank boosted its holdings in shares of Liberty Broadband Corp Series C by 16.2% during the 1st quarter. Toronto Dominion Bank now owns 7,337 shares of the company’s stock worth $628,000 after buying an additional 1,021 shares in the last quarter. Institutional investors and hedge funds own 57.54% of the company’s stock.

Separately, Zacks Investment Research cut Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 11th.

Shares of LBRDK opened at $82.47 on Friday. Liberty Broadband Corp Series C has a 12-month low of $68.33 and a 12-month high of $99.98. The company has a current ratio of 8.49, a quick ratio of 8.49 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $14.69 billion, a P/E ratio of 810.10 and a beta of 1.37.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last issued its earnings results on Wednesday, August 8th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. sell-side analysts forecast that Liberty Broadband Corp Series C will post 0.9 earnings per share for the current fiscal year.

Liberty Broadband Corp Series C 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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