Liberty Broadband Corp Series C (LBRDK) Position Raised by Kepos Capital LP

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Kepos Capital LP increased its holdings in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 41.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 430,323 shares of the company’s stock after purchasing an additional 127,042 shares during the quarter. Liberty Broadband Corp Series C makes up approximately 1.8% of Kepos Capital LP’s portfolio, making the stock its 14th biggest position. Kepos Capital LP’s holdings in Liberty Broadband Corp Series C were worth $36,276,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Massey Quick Simon & CO. LLC purchased a new stake in Liberty Broadband Corp Series C during the second quarter worth approximately $136,000. NEXT Financial Group Inc purchased a new stake in Liberty Broadband Corp Series C during the third quarter worth approximately $166,000. Integrated Investment Consultants LLC lifted its stake in Liberty Broadband Corp Series C by 18,090.9% during the second quarter. Integrated Investment Consultants LLC now owns 6,003 shares of the company’s stock worth $184,000 after purchasing an additional 5,970 shares during the last quarter. Holistic Financial Partners purchased a new stake in Liberty Broadband Corp Series C during the third quarter worth approximately $205,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in Liberty Broadband Corp Series C during the third quarter worth approximately $207,000. Hedge funds and other institutional investors own 51.99% of the company’s stock.

Several research firms have commented on LBRDK. ValuEngine raised Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a research report on Thursday, September 27th. Zacks Investment Research raised 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. Finally, TheStreet raised Liberty Broadband Corp Series C from a “c+” rating to a “b” rating in a research report on Tuesday, November 6th.

LBRDK opened at $76.54 on Wednesday. The company has a market cap of $14.10 billion, a price-to-earnings ratio of 777.30 and a beta of 1.23. Liberty Broadband Corp Series C has a 52 week low of $68.33 and a 52 week high of $99.68. The company has a current ratio of 9.56, a quick ratio of 9.56 and a debt-to-equity ratio of 0.05.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last released its quarterly earnings results on Thursday, November 1st. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.27). The firm had revenue of $3.52 million for the quarter. Liberty Broadband Corp Series C had a return on equity of 20.10% and a net margin of 9,562.04%. Equities analysts predict that Liberty Broadband Corp Series C will post 0.99 earnings per share for the current fiscal year.

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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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