Liberty Broadband Corp Series A (NASDAQ:LBRDA) had its price objective trimmed by Deutsche Bank from $118.00 to $117.00 in a research report released on Monday morning, BenzingaRatingsTable reports. The firm currently has a buy rating on the stock.

LBRDA has been the topic of several other reports. Zacks Investment Research upgraded Liberty Broadband Corp Series A from a sell rating to a hold rating in a research report on Tuesday, June 4th. TD Securities upgraded Liberty Broadband Corp Series A from a hold rating to a buy rating in a research report on Friday, August 9th. TheStreet downgraded Liberty Broadband Corp Series A from a b- rating to a c rating in a research report on Monday, May 13th. Benchmark assumed coverage on Liberty Broadband Corp Series A in a research report on Thursday, August 15th. They set a buy rating and a $122.00 target price on the stock. Finally, BidaskClub downgraded Liberty Broadband Corp Series A from a strong-buy rating to a buy rating in a research report on Tuesday, July 23rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $109.33.

Shares of NASDAQ:LBRDA opened at $99.94 on Monday. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.05. Liberty Broadband Corp Series A has a 52-week low of $68.76 and a 52-week high of $107.39. The stock’s fifty day simple moving average is $101.55 and its 200-day simple moving average is $96.90. The company has a market capitalization of $18.19 billion, a P/E ratio of 250.45 and a beta of 1.30.

A number of large investors have recently made changes to their positions in LBRDA. Dimensional Fund Advisors LP lifted its holdings in Liberty Broadband Corp Series A by 2.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 193,936 shares of the company’s stock valued at $13,927,000 after purchasing an additional 4,598 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Liberty Broadband Corp Series A by 22.4% during the fourth quarter. Geode Capital Management LLC now owns 306,757 shares of the company’s stock valued at $22,028,000 after purchasing an additional 56,177 shares in the last quarter. Strs Ohio lifted its holdings in Liberty Broadband Corp Series A by 6.2% during the first quarter. Strs Ohio now owns 4,963 shares of the company’s stock valued at $454,000 after purchasing an additional 289 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in Liberty Broadband Corp Series A during the first quarter valued at approximately $1,117,000. Finally, S&CO Inc. lifted its holdings in Liberty Broadband Corp Series A by 0.3% during the first quarter. S&CO Inc. now owns 90,898 shares of the company’s stock valued at $8,330,000 after purchasing an additional 277 shares in the last quarter. Institutional investors own 13.03% of the company’s stock.

Liberty Broadband Corp Series A Company Profile

Liberty Broadband Corporation, a cable operator, provides video, Internet, and voice services to residential, and small and medium business customers in the United States. The company 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 understand the precise geographic location and movement of mobile devices, as well as for enhancing the location determination capabilities of a hybrid location system.

Recommended Story: How accurate is the Rule of 72?

Analyst Recommendations for Liberty Broadband Corp Series A (NASDAQ:LBRDA)

Receive News & Ratings for Liberty Broadband Corp Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Broadband Corp Series A and related companies with MarketBeat.com's FREE daily email newsletter.