Liberty Broadband Corp Series C (NASDAQ:LBRDK) had its target price raised by Morgan Stanley from $157.00 to $170.00 in a report released on Monday, BenzingaRatingsTable reports. They currently have an equal weight rating on the stock.

Several other analysts also recently issued reports on the stock. TD Securities upped their price target on shares of Liberty Broadband Corp Series C from $145.00 to $155.00 and gave the company a buy rating in a report on Monday, May 4th. Citigroup upped their target price on Liberty Broadband Corp Series C from $118.00 to $149.00 and gave the company a buy rating in a research note on Tuesday, April 21st. TheStreet cut Liberty Broadband Corp Series C from a b- rating to a c+ rating in a research report on Thursday, June 4th. Pivotal Research reiterated a buy rating and issued a $187.00 price target on shares of Liberty Broadband Corp Series C in a report on Monday, May 11th. Finally, Zacks Investment Research downgraded shares of Liberty Broadband Corp Series C from a hold rating to a sell rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $160.60.

Liberty Broadband Corp Series C stock opened at $126.90 on Monday. Liberty Broadband Corp Series C has a fifty-two week low of $86.20 and a fifty-two week high of $140.00. The firm has a market capitalization of $23.41 billion, a price-to-earnings ratio of 189.21 and a beta of 1.06. The stock’s fifty day moving average is $129.55 and its two-hundred day moving average is $125.22. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.59 and a current ratio of 2.59.

Liberty Broadband Corp Series C (NASDAQ:LBRDK) last released its quarterly earnings data on Friday, May 1st. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.21 by ($0.25). The business had revenue of $4.10 million during the quarter. Liberty Broadband Corp Series C had a return on equity of 1.16% and a net margin of 797.65%. As a group, sell-side analysts forecast that Liberty Broadband Corp Series C will post 2.27 EPS for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Cornerstone Advisors Inc. increased its holdings in Liberty Broadband Corp Series C by 27.0% in the 1st quarter. Cornerstone Advisors Inc. now owns 381 shares of the company’s stock valued at $42,000 after purchasing an additional 81 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Liberty Broadband Corp Series C by 3.5% during the first quarter. Oppenheimer & Co. Inc. now owns 2,696 shares of the company’s stock worth $299,000 after purchasing an additional 90 shares in the last quarter. Allred Capital Management LLC boosted its position in shares of Liberty Broadband Corp Series C by 31.7% in the first quarter. Allred Capital Management LLC now owns 407 shares of the company’s stock worth $45,000 after buying an additional 98 shares during the period. Norman Fields Gottscho Capital Management LLC grew its stake in shares of Liberty Broadband Corp Series C by 1.3% in the first quarter. Norman Fields Gottscho Capital Management LLC now owns 10,013 shares of the company’s stock valued at $1,109,000 after buying an additional 132 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in shares of Liberty Broadband Corp Series C by 14.3% during the 1st quarter. Signaturefd LLC now owns 1,301 shares of the company’s stock valued at $144,000 after buying an additional 163 shares during the period. 54.34% of the stock is owned by institutional investors.

Liberty Broadband Corp Series C 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.

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