Liberty Broadband (NASDAQ:LBRDK) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday, March 21st.
According to Zacks, “Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado. “
LBRDK has been the topic of several other reports. ValuEngine lowered shares of Liberty Broadband from a “hold” rating to a “sell” rating in a research note on Tuesday, February 27th. TheStreet raised shares of Liberty Broadband from a “c” rating to a “b” rating in a research report on Tuesday, February 20th.
A number of institutional investors have recently modified their holdings of LBRDK. James Hambro & Partners purchased a new stake in shares of Liberty Broadband in the fourth quarter valued at about $102,000. Cerebellum GP LLC purchased a new stake in shares of Liberty Broadband in the fourth quarter valued at about $127,000. American International Group Inc. purchased a new stake in shares of Liberty Broadband in the fourth quarter valued at about $185,000. Vantage Investment Advisors LLC boosted its holdings in shares of Liberty Broadband by 50.0% in the fourth quarter. Vantage Investment Advisors LLC now owns 2,323 shares of the company’s stock valued at $198,000 after acquiring an additional 774 shares in the last quarter. Finally, Synovus Financial Corp purchased a new stake in shares of Liberty Broadband in the third quarter valued at about $235,000. 54.59% of the stock is currently owned by institutional investors.
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Liberty Broadband Company Profile
Liberty Broadband Corp. operates as a holding company, which engages in cable services and wireless telecommunications businesses. It operates through its subsidiaries, Charter Communications, Inc and TruePosition, Inc The company was founded on November 4, 2014 is headquartered on Englewood, CO.
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