Mint Tower Capital Management B.V. Purchases New Stake in Liberty Broadband Corp Series C (LBRDK)

Mint Tower Capital Management B.V. purchased a new position in shares of Liberty Broadband Corp Series C (NASDAQ:LBRDK) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 3,572 shares of the company’s stock, valued at approximately $301,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Massey Quick Simon & CO. LLC acquired a new stake in Liberty Broadband Corp Series C during the 2nd quarter worth about $136,000. NEXT Financial Group Inc acquired a new stake in Liberty Broadband Corp Series C during the 3rd quarter worth about $166,000. Holistic Financial Partners acquired a new stake in Liberty Broadband Corp Series C during the 3rd quarter worth about $205,000. Oppenheimer Asset Management Inc. acquired a new stake in Liberty Broadband Corp Series C during the 3rd quarter worth about $207,000. Finally, Cohen Klingenstein LLC acquired a new stake in Liberty Broadband Corp Series C during the 3rd quarter worth about $217,000. 57.26% of the stock is currently owned by institutional investors.

NASDAQ:LBRDK opened at $83.27 on Friday. 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 debt-to-equity ratio of 0.05, a quick ratio of 9.56 and a current ratio of 9.56. The stock has a market cap of $15.05 billion, a PE ratio of 830.00 and a beta of 1.23.

A number of equities research analysts have recently commented on the company. TheStreet upgraded Liberty Broadband Corp Series C from a “c+” rating to a “b” rating in a research report on Tuesday. ValuEngine upgraded Liberty Broadband Corp Series C from a “sell” rating to a “hold” rating in a research report on Thursday, September 27th. Finally, Zacks Investment Research upgraded Liberty Broadband Corp Series C from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research report on Thursday, November 1st.

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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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