Sei Investments Co. lifted its holdings in Liberty Broadband Corp Series C (NASDAQ:LBRDK) by 387.9% in the second quarter, Holdings Channel reports. The fund owned 24,064 shares of the company’s stock after buying an additional 19,132 shares during the period. Sei Investments Co.’s holdings in Liberty Broadband Corp Series C were worth $1,823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Summit Trail Advisors LLC lifted its holdings in shares of Liberty Broadband Corp Series C by 5,610.6% in the 1st quarter. Summit Trail Advisors LLC now owns 108,729 shares of the company’s stock worth $109,000 after acquiring an additional 106,825 shares during the last quarter. Blair William & Co. IL bought a new stake in shares of Liberty Broadband Corp Series C in the 1st quarter worth approximately $180,000. Integrated Investment Consultants LLC increased its stake in shares of Liberty Broadband Corp Series C by 18,090.9% in the second quarter. Integrated Investment Consultants LLC now owns 6,003 shares of the company’s stock worth $184,000 after buying an additional 5,970 shares during the period. Bank of Montreal Can increased its stake in shares of Liberty Broadband Corp Series C by 66.7% in the second quarter. Bank of Montreal Can now owns 2,999 shares of the company’s stock worth $226,000 after buying an additional 1,200 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of Liberty Broadband Corp Series C in the first quarter worth $267,000. Hedge funds and other institutional investors own 57.54% of the company’s stock.

Shares of NASDAQ LBRDK opened at $79.61 on Friday. The company has a current ratio of 8.49, a quick ratio of 8.49 and a debt-to-equity ratio of 0.05. Liberty Broadband Corp Series C has a 52 week low of $68.33 and a 52 week high of $104.66. The firm has a market capitalization of $14.65 billion, a P/E ratio of 807.60 and a beta of 1.37.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last issued its earnings results on Wednesday, August 8th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.24). Liberty Broadband Corp Series C had a return on equity of 20.47% and a net margin of 9,284.89%. analysts anticipate that Liberty Broadband Corp Series C will post 0.9 earnings per share for the current fiscal year.

Several brokerages recently commented on LBRDK. Zacks Investment Research downgraded shares of Liberty Broadband Corp Series C from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 11th. TheStreet downgraded shares of Liberty Broadband Corp Series C from a “b-” rating to a “c+” rating in a research note on Monday, May 14th.

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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