Oppenheimer Asset Management Inc. purchased a new stake in Liberty Broadband Corp Series C (NASDAQ:LBRDK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,472 shares of the company’s stock, valued at approximately $207,000.

Other hedge funds have also modified their holdings of the company. Massey Quick Simon & CO. LLC purchased a new stake in shares of Liberty Broadband Corp Series C during the 2nd quarter worth $136,000. NEXT Financial Group Inc purchased a new stake in shares of Liberty Broadband Corp Series C during the 3rd quarter worth $166,000. Integrated Investment Consultants LLC lifted its position in shares of 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 purchasing an additional 5,970 shares during the last quarter. Cohen Klingenstein LLC purchased a new stake in shares of Liberty Broadband Corp Series C during the 3rd quarter worth $217,000. Finally, Bank of Montreal Can lifted its position in shares of Liberty Broadband Corp Series C by 66.7% during the 2nd quarter. Bank of Montreal Can now owns 2,999 shares of the company’s stock worth $226,000 after purchasing an additional 1,200 shares during the last quarter. 57.26% of the stock is owned by institutional investors.

Shares of NASDAQ:LBRDK opened at $82.17 on Friday. Liberty Broadband Corp Series C has a 12 month low of $68.33 and a 12 month 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. The firm has a market cap of $15.31 billion, a P/E ratio of 844.30 and a beta of 1.23.

LBRDK has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of 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 note on Thursday, November 1st. ValuEngine upgraded shares of Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a research note on Thursday, September 27th. Finally, TheStreet upgraded shares of Liberty Broadband Corp Series C from a “c+” rating to a “b” rating in a research note on Tuesday.

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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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