The total value of its holdings increased 16.1%. Comerica Bank boosted its stake in shares of Liberty Broadband Corporation by 20.5% in the fourth quarter.
Here are a few other firms who have updated their positions. Zacks Investment Research upgraded Liberty Broadband Corp from a "sell" rating to a "hold" rating in a research report on Friday, April 14th. Also, Director John C. Malone sold 34,500 shares of the firm's stock in a transaction that occurred on Tuesday, August 1st. Pacer Advisors Inc. boosted its position in shares of Liberty Broadband Corporation by 3.2% in the first quarter. Teachers Advisors, LLC now owns 29,879 shares worth $2,563,000. US Bancorp DE boosted its position in shares of Liberty Broadband Corporation by 5.1% in the first quarter. That brings Malone's holdings to $20,634,112 as recorded in a recent Form 4 SEC filing. Finally, PNC Financial Services Group Inc. boosted its position in shares of Liberty Broadband Corporation by 1.7% in the first quarter. US Bancorp DE now owns 4,260 shares of the company's stock worth $362,000 after buying an additional 205 shares in the last quarter. Next quarter's EPS is forecasted to be $0.02 with next year's EPS anticipated to be $0.88. Suntrust Banks Inc. now owns 5,408 shares of the company's stock valued at $459,000 after buying an additional 22 shares during the last quarter. Institutional investors and hedge funds own 81.60% of the company's stock.
Liberty Broadband Corporation (LBRDK) opened at 101.82 on Friday. The company now has a P/E ratio of 597.94 and the market value is 18.48B. Liberty Broadband Corporation has a 52-week low of $63.64 and a 52-week high of $103.33. The company has a 50 day moving average price of $90.19 and a 200 day moving average price of $86.50.
TRADEMARK VIOLATION NOTICE: "Cablevision Systems (NYSE:CVC) Receiving Somewhat Positive Press Coverage, Report Shows" was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this report on another site, it was copied illegally and republished in violation of United States & worldwide copyright and trademark law. The correct version of this article can be read at https://stocknewstimes.com/2017/08/11/ubs-asset-management-americas-inc-has-560000-stake-in-liberty-broadband-corporation-nasdaqlbrda-updated-updated.html. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Morgan Stanley reaffirmed an "equal weight" rating and set a $95.00 target price (up previously from $91.00) on shares of Liberty Broadband Corporation in a report on Monday, July 17th. Also, Director John C. Malone sold 5,700 shares of the stock in a transaction that occurred on Monday, July 17th.
Service Corporation International (SCI)'s Triple Exponential Moving Average has been spotted as trending higher over the past five bars, suggesting that momentum is building for the shares. Following the completion of the sale, the director now directly owns 3,782,554 shares of the company's stock, valued at approximately $335,209,935.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Director John C. Malone disclosed the sale of 23,000 shares of (LBRDA). It can be used instead of traditional moving averages for smoothing price data or other indicators. Following the completion of the transaction, the director now directly owns 3,782,554 shares of the company's stock, valued at approximately $319,739,289.62. The disclosure for this sale can be found here.
Liberty Broadband Corporation, launched on June 26, 2014, holds interest in Charter Communications, Inc.