Ossiam acquired a new position in Liberty Broadband Corp Series A (NASDAQ:LBRDA) during the second quarter, HoldingsChannel reports. The institutional investor acquired 1,469 shares of the company’s stock, valued at approximately $151,000.

Several other hedge funds have also modified their holdings of the company. FNY Investment Advisers LLC bought a new stake in shares of Liberty Broadband Corp Series A during the second quarter valued at approximately $35,000. Machina Capital S.A.S. bought a new stake in shares of Liberty Broadband Corp Series A during the second quarter valued at approximately $155,000. Coastal Investment Advisors Inc. boosted its position in shares of Liberty Broadband Corp Series A by 20,866.7% during the second quarter. Coastal Investment Advisors Inc. now owns 1,887 shares of the company’s stock valued at $192,000 after purchasing an additional 1,878 shares in the last quarter. Karpas Strategies LLC bought a new stake in shares of Liberty Broadband Corp Series A during the second quarter valued at approximately $202,000. Finally, Staley Capital Advisers Inc. bought a new stake in shares of Liberty Broadband Corp Series A during the second quarter valued at approximately $213,000. Hedge funds and other institutional investors own 13.30% of the company’s stock.

Several equities research analysts recently weighed in on the company. 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 price target on the stock. 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. ValuEngine lowered Liberty Broadband Corp Series A from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Deutsche Bank lowered their price objective on Liberty Broadband Corp Series A from $118.00 to $117.00 and set a “buy” rating for the company in a research note on Monday, August 19th. Finally, BidaskClub upgraded Liberty Broadband Corp Series A from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 30th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Liberty Broadband Corp Series A has an average rating of “Buy” and a consensus target price of $109.33.

NASDAQ:LBRDA traded up $0.03 during trading hours on Friday, reaching $108.40. 1,692 shares of the company traded hands, compared to its average volume of 99,247. The business’s 50-day moving average price is $101.08 and its two-hundred day moving average price is $98.49. The stock has a market capitalization of $19.68 billion, a P/E ratio of 284.55 and a beta of 1.27. Liberty Broadband Corp Series A has a 1 year low of $68.76 and a 1 year high of $109.56. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.05.

Liberty Broadband Corp Series A 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.

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Institutional Ownership by Quarter for Liberty Broadband Corp Series A (NASDAQ:LBRDA)

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