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The Liberty Broadband Corp (LBRDK) Shares Bought by Xact Kapitalforvaltning AB

A number of other hedge funds also recently added to or reduced their stakes in LBRDK. Creative Planning increased its stake in Liberty Broadband Corp by 0.4% in the first quarter. Creative Planning now owns 5,746 shares of the company’s stock worth $496,000 after buying an additional 22 shares in the last quarter. Advisor Group Inc. increased its stake in Liberty Broadband Corp by 1.8% in the third quarter. Advisor Group Inc. now owns 1,633 shares of the company’s stock worth $118,000 after buying an additional 29 shares in the last quarter. Daiwa Securities Group Inc. increased its stake in Liberty Broadband Corp by 1.8% in the first quarter.

Daiwa Securities Group Inc. now owns 2,850 shares of the company’s stock worth $246,000 after buying an additional 50 shares in the last quarter. Strs Ohio increased its stake in Liberty Broadband Corp by 0.3% in the first quarter. Strs Ohio now owns 15,166 shares of the company’s stock worth $1,310,000 after buying an additional 51 shares in the last quarter. Finally, Suntrust Banks Inc. increased its stake in Liberty Broadband Corp by 0.6% in the first quarter. Suntrust Banks Inc. now owns 10,749 shares of the company’s stock worth $928,000 after buying an additional 62 shares in the last quarter.

65.80% of the stock is currently owned by hedge funds and other institutional investors.

Xact Kapitalforvaltning AB increased its position in Liberty Broadband Corp (NASDAQ:LBRDK) by 11.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,080 shares of the company’s stock after buying an additional 960 shares during the period. Xact Kapitalforvaltning AB’s holdings in Liberty Broadband Corp were worth $785,000 as of its most recent SEC filing. Shares of Liberty Broadband Corp (NASDAQ:LBRDK) traded down 1.28% during trading on Wednesday, reaching $83.15.

217,847 shares of the company’s stock were exchanged. The firm has a market capitalization of $15.12 billion, a PE ratio of 15.54 and a beta of 1.47. The company’s 50-day moving average price is $87.58 and its 200 day moving average price is $80.49.

Liberty Broadband Corp has a 52 week low of $55.05 and a 52 week high of $92.40. A number of research firms recently commented on LBRDK. TheStreet raised shares of Liberty Broadband Corp from a “c+” rating to a “b-” rating in a report on Tuesday, March 14th. Zacks Investment Research upgraded shares of Liberty Broadband Corp from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 31st. Liberty Broadband Corp Company Profile

Liberty Broadband Corporation holds interest in Charter Communications, Inc (Charter) and its subsidiary Skyhook Holding, Inc (Skyhook).

The Company’s segments include Skyhook, Charter, and Corporate and other.

Skyhook provides a wireless fidelity (Wi-Fi)-based location platform focused on providing positioning technology and contextual location intelligence solutions.

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