The Wayne Hummer Investments LLC Cuts Position in Liberty Broadband Corp (LBRDK)

Other institutional investors also recently modified their holdings of the company. Sawtooth Solutions LLC increased its position in shares of Liberty Broadband Corp by 0.6% in the first quarter. Sawtooth Solutions LLC now owns 3,212 shares of the company’s stock worth $278,000 after buying an additional 20 shares during the last quarter. Creative Planning increased its position in shares of 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 during the last quarter. Daiwa Securities Group Inc. increased its position in shares of 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 during the last quarter.

Strs Ohio increased its position in shares of 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 during the last quarter. Finally, Suntrust Banks Inc. increased its position in shares of 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 during the last quarter. Institutional investors own 65.80% of the company’s stock.

Wayne Hummer Investments L.L.C. cut its position in shares of Liberty Broadband Corp (NASDAQ:LBRDK) by 9.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,693 shares of the company’s stock after selling 389 shares during the period. Wayne Hummer Investments L.L.C.’s holdings in Liberty Broadband Corp were worth $319,000 as of its most recent SEC filing. Liberty Broadband Corp (NASDAQ:LBRDK) traded up 0.45% during midday trading on Monday, reaching $84.07. The company’s stock had a trading volume of 427,127 shares. The stock has a market capitalization of $15.29 billion, a price-to-earnings ratio of 15.71 and a beta of 1.47.

The firm has a 50-day moving average price of $87.30 and a 200 day moving average price of $81.01. Liberty Broadband Corp has a 52-week low of $55.05 and a 52-week high of $92.40. A number of brokerages have commented on LBRDK. TheStreet upgraded Liberty Broadband Corp from a “c+” rating to a “b-” rating in a research note on Tuesday, March 14th. Zacks Investment Research upgraded Liberty Broadband Corp from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 31st.

About Liberty Broadband Corp 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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